359 W Main Street Elkton, MD $ 295,000
359 W Main Street
$ 295,000
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359 W Main Street

Elkton, MD, 21921
$ 295,000
Bedrooms3 Baths0.0

Monthly Estimate*

$ 1,961

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Multi-Family Home for sale in Elkton, MD

for $295,000 with 3 bedrooms. This home was built in 1918 on a lot size of 0.17.

Newly remodeled and rarely available two-unit rental opportunity in Elkton's West End neighborhood. A perfect commuter location with access to Rt. 40, I-95, and just minutes from North East and the Delaware line. A quick walk to increasing commercial appeal such as Elk River Brewing, Central Tavern, or Sonny's Italian Market, helping provide a stable tenant base. Local entertainment at Elkton Music Hall or Showcase on Main is an added amenity for renters. Each unit is separately metered, and comes with a shed for additional storage, a two car driveway, and recently upgraded appliances. Main level unit is a 2 bed, 1 bath unit that was recently remodeled in 2023. Upstairs unit is a 1 bed 1 bath recently remodeled in 2024. The upstairs unit has an unfinished 2nd bedroom for investors interested in forced appreciation. Each unit is currently occupied and current rents are disclosed by contacting the listing agent. Property is certified lead free, exempting it from state inspection at new lease signings, which reduces leasing costs.

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Multi-Family Active

Price

$ 295,000

Bedrooms

3

Property Type

Multi-Family

Taxes

$ 2,175

Style

Colonial

Lot Size

0.17

Year Built

1918

Town/City

Elkton

County/Region

Cecil

MLS | Web ID

MDCC2012960

Features
Interior
Heating Fuel Natural Gas Electric
Basement Outside Entrance
Hot Water Electric Natural Gas
Basement (Y/N) Y
Heating Y/N Y
Fireplace Y/N N
Central Air Y/N N
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General
Sewer Public Sewer
Heating Baseboard - Electric Central
Cooling Ceiling Fan(s) Window Unit(s)
Utilities Cable TV Natural Gas Available Phone Available
Possession Settlement
Roof Architectural Shingle
Appliances Dryer - Electric Oven/Range - Electric Refrigerator Washer
Zoning R3
Architectural Style Colonial
Construction Materials Aluminum Siding
Year Built 1918
Property SubType Duplex
Tax Year 2020
Percent Ownership Fee Simple
Cool Fuel Electric
Municipality Elkton
Accessibility None
County CECIL
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 The property is on your right when heading west on Main Street.
City ELKTON
Buyer Agent Compensation 2.5
NumberOfUnitsTotal 2
Lot Size Units Square Feet
Lot Size Square Feet 7492.00
Waterfront Y/N N
Tax Annual Amount 2175.0
Two Bedroom 1
Structure Type Twin/Semi-Detached
Price Per Sq Ft Total AG 144.32
Vacation Rental Y/N N
Days on Market 16
Standard Status Active
Year Built Source Estimated
Buyer Agent Compensation Type % Of Gross
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Exterior
Pool No Pool
Lot Features Cleared Open Rear Yard
Water Source Public
Type of Parking Driveway Off Street
Foundation Details Stone
Spa N
Water View Y/N N
Lot Size Acres 0.17
Lot Size Source Estimated
Land Assessed Value 60500.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 359
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* Excluded Features
List By
Century 21 Redwood Realty

Broker

matthew.beers@mail.com

Email

Affordability Calculator

$2,142
Per Month
92%
8%
0%
Monthly Principal & Interest
$1,961
Monthly Property Taxes
$181
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% 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.
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Nearby
3533453 Elementary School
3533358 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/21/2024$295,000 Listed Price

Map


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359 W Main Street, Elkton, MD, 21921 is a Multi-Family Home for sale at $295,000 with a lot size of 0.17. 359 W Main Street has 3 bedrooms, 0.0 baths, and was built in 1918. The property's zip code is 21921 which is in Elkton, MD