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1 E POTOMAC ST Williamsport, MD 21795
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Key Details
Sold Price $260,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 9,704 sqft
Price per Sqft $26
MLS Listing ID MDWA2004262
Sold Date 05/13/22
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $3,857
Tax Year 2022
Lot Size 6,783 Sqft
Acres 0.16
Property Description
Seller Financing Now Available!! ATTENTION INVESTOR'S. Opportunity zone. This property is a value add investment, being sold at 46k a unit. there are 3 units with 2bd/1 bath roughly needing 10-15k per unit. 2-1bd/1ba needing 5-10k , as well as 2 commercial units that need minor renovations around 5-10k. needs new roof 30k Total renovation cost 115K.
ARV 630k.. Annual cash flow potential $73,200. current Washington county, MD CAP rate is 9.1%.
This property is located just minutes from i-81 & i-70, as well as minutes to all attractions that Washington county, MD has to offer.
Location
State MD
County Washington
Zoning TC
Interior
Hot Water Electric
Heating Central, Baseboard - Electric
Cooling Central A/C
Heat Source Electric
Exterior
Garage Spaces 7.0
Waterfront N
Water Access N
Roof Type Shingle,Metal
Accessibility Entry Slope <1'
Parking Type On Street, Parking Lot
Total Parking Spaces 7
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Washington County Public Schools
Others
Tax ID 2202004100
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional, Seller Financing
Listing Terms Cash, Conventional, Seller Financing
Financing Cash,Conventional,Seller Financing
Special Listing Condition Standard
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Bought with Roberto G. Gonzalez • RG Realty, Inc.
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