15 and 17 Sumac Road
Glen Burnie, MD, 21060 $ 495,000
Bedrooms3 Baths0.0 Monthly Estimate*
$ 3,458
for $495,000 with 3 bedrooms. This home was built in 1952 on a lot size of 0.17.
Single family home + duplex for sale on separate, but adjacent tax lots. These 3 units are fully rented, actual income (not proforma) of $51,660/year and a 8.7% cap rate, lead free, licensed, separately metered, completely renovated inside and out, in a fantastic Glen Burnie location, with realistic upside. The home (15 Sumac Rd): 1 bedroom 1 bath with a private fenced yard and shed. Remodeled outside and inside. Gutters, painting, lighting, landscaping, and the interior were all re-done (flooring, painting, lighting, bathroom re-done, etc). Large shed. This home could be sold separately if city water/sewer is connected directly, a major future upside, as it sits on its own tax lot. The duplex (17A and 17B Sumac): Two, 1 bedroom 1 bath units with identical floor plans. New roof and gutters, painting, lighting, landscaping, and interiors all re-done. Private yard. Two sheds w/power and an owner's shed as well. This property is easy to rent, easy to manage, and has a lot of long-term possibilities.
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FeaturesInteriorHeating Fuel Electric
Hot Water Electric
Heating Y/N Y
Street Suffix ROAD
Central Air Y/N N
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GeneralSewer Public Sewer
Heating Baseboard - Electric
Cooling Window Unit(s)
Possession Immediate
Zoning NON-CONFORMING USE
Pool Y/N No Pool
Architectural Style Other
Construction Materials Vinyl Siding
Year Built 1952
Property SubType Other
Tax Year 2022
Percent Ownership Fee Simple
Cool Fuel Electric
Section C
Accessibility None
County ANNE ARUNDEL
New Construction N
Property Type Multi-Family
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE
Directions just look it up; 15 and 17 Sumac Rd are being sold together in this listing
City GLEN BURNIE
Buyer Agent Compensation 3
Disclosures Lead Free Paint Agent has Financial Interest Agent Related to Owner Lead Inspection Certificate Available Owner RE Licensee Under Lease
Zoning Description Non-conforming use for the duplex at 17 Sumac has been granted by the county
Total Units 3
Lot Size Square Feet 7420.00
Waterfront Y/N N
Number of Units Leased 3
Street Name SUMAC
Tax Annual Amount 2327.0
Home Warranty Y/N N
Two Bedroom 0
Structure Type Other
Price Per Sq Ft 471.43
Vacation Rental Y/N N
Days on Market 36
Standard Status Active
Year Built Source Estimated
Legal Subdivision SUMAC FIELDS
Tax Lot 9R
Total Actual Rent 51660.00
Cap Rate 8.70
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee N
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ExteriorWater Source Public
Type of Parking Driveway On Street
Water View Y/N N
Lot Size Acres 0.17
Lot Size Units Square Feet
Lot Size Source Estimated
Land Assessed Value 130900.00
Navigable Water Y/N N
Water Oriented Y/N N
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $3,458
- Monthly Property Taxes
- $194
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Glen Burnie, MD
Average List Price $495,000
Percent of Sale Price 0%
About Glen Burnie, MD 71,653 Population
12% Since 2002
$ 62,917 Median Income
38.24 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
3533405 Elementary School
3533185 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 4/17/2024 | $495,000 | -5.71% | Price Down |
| 3/13/2024 | $525,000 | | Listed Price |