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Listed by Scott Frank • Alex Cooper Auctioneers, Inc.
$ 300,000
Est. payment | /mo
0.28 Acres Lot
$ 300,000
Est. payment | /mo
0.28 Acres Lot
Open House
Mon Dec 01, 12:00pm - 12:00pm
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID MDAA2131058
Year Built 1940
Annual Tax Amount $5,380
Tax Year 2025
Lot Size 0.277 Acres
Acres 0.28
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
GUIDED TOUR MONDAY DECEMBER 1ST @ 12:00 PM
List price is Opening Bid At The Online Only Auction Sale. Auction to be conducted on Auctioneers website. Bidding begins Saturday, November 29th and ends Thursday December 4, 2025 at 12:00PM. Exceptional non-riparian waterfront multi-family investment featuring two buildings with five fully leased rental units generating over $82,000± in annual scheduled rental income. This well-maintained property offers a strong rental history, a new 2024 roof with transferable warranty, and unobstructed water views on Stoney Creek in the desirable Orchard Beach community. The property includes three units in the main house and two units in the smaller house, all with long-term tenants and leases extending through 2026. Units feature a mix of two-bedroom and one-bedroom layouts, each producing steady income. The total living area is approximately 3,445 sq. ft.± on a 0.28± acre lot with ample off-street parking for six vehicles. Owner-paid utilities include water, electric, and oil for the main house and water for the small house; tenants cover propane and other utilities. Conveniently located near Pasadena, Glen Burnie, Baltimore, and Annapolis, this property presents a rare opportunity to acquire a stable, income-producing investment in a sought-after location.
List price is Opening Bid At The Online Only Auction Sale. Auction to be conducted on Auctioneers website. Bidding begins Saturday, November 29th and ends Thursday December 4, 2025 at 12:00PM. Exceptional non-riparian waterfront multi-family investment featuring two buildings with five fully leased rental units generating over $82,000± in annual scheduled rental income. This well-maintained property offers a strong rental history, a new 2024 roof with transferable warranty, and unobstructed water views on Stoney Creek in the desirable Orchard Beach community. The property includes three units in the main house and two units in the smaller house, all with long-term tenants and leases extending through 2026. Units feature a mix of two-bedroom and one-bedroom layouts, each producing steady income. The total living area is approximately 3,445 sq. ft.± on a 0.28± acre lot with ample off-street parking for six vehicles. Owner-paid utilities include water, electric, and oil for the main house and water for the small house; tenants cover propane and other utilities. Conveniently located near Pasadena, Glen Burnie, Baltimore, and Annapolis, this property presents a rare opportunity to acquire a stable, income-producing investment in a sought-after location.
Location
State MD
County Anne Arundel
Zoning R5
Interior
Hot Water Other
Heating Radiator
Cooling Other
Heat Source Oil
Exterior
Garage Spaces 6.0
Water Access N
Accessibility None
Total Parking Spaces 6
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Anne Arundel County Public Schools
Others
Tax ID 020361508526000
Ownership Fee Simple
Special Listing Condition Auction
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