203 W Main Street Elkton, MD $ 299,900
203 W Main Street
$ 299,900
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203 W Main Street

Elkton, MD, 21921
$ 299,900
Bedrooms6 Baths0.0

Monthly Estimate*

$ 2,071

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Multi-Family Home for sale in Elkton, MD

for $299,900 with 6 bedrooms. This home was built in 1900 on a lot size of 0.17.

TRIPLEX! FANTASTIC INVESTMENT OPPORTUNITY! Dont miss your chance to own this three-unit apartment building offering established rental income and excellent potential for additional revenue! Zoned commercial with multiple residential use, this property features newer windows throughout, separate electric panels for each apartment, and plenty of parking in the adjoining parking lot! The first-floor apartment offers 3 bedrooms, 2 full baths, and an additional storage area, with monthly rent of $1,400. The vacant second-floor apartment features 2 bedrooms, 1 full bath, fresh paint, and recently cleaned carpeting, offering an opportunity to secure a new tenant. Previous monthly rent was $1,350.The third-floor apartment offers 1 bedroom, with monthly rent of $1,150. Two units are currently occupied by long-term tenants, providing an established rental income stream. Tenants pay all utilities, and existing leases transfer with the property. Conveniently located near restaurants, shopping, schools, medical facilities, and everyday amenities, this property offers a desirable combination of flexibility and income potential! Whether youre a seasoned investor looking to expand your portfolio or just getting started in real estate investing, this property deserves your attention! Schedule your tour and explore the possibilities!

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Multi-Family Active

Price

$ 299,900

Bedrooms

6

Property Type

Multi-Family

Taxes

$ 4,428

Style

Lot Size

0.17

Year Built

1900

Town/City

Elkton

County/Region

Cecil

MLS | Web ID

MDCC2023460

Features
General
Living Area 2974
Sewer Public Sewer
Heating Baseboard - Electric
Cooling None
Possession Settlement
Roof Shingle
Appliances Dryer Exhaust Fan Microwave Oven/Range - Electric Refrigerator Washer Water Heater
Zoning C1
Patio/Porch Features Roof
Architectural Style Other
Construction Materials Block Shingle Siding
School District CECIL COUNTY PUBLIC SCHOOLS
Year Built 1900
Property Subtype Triplex
Tax Year 2026
Ownership Fee Simple
Cool Fuel None
Accessibility None
County CECIL
New Construction N
Property Type Multi-Family
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade
Status ACTIVE
Directions Follow GPS. Apartment building is directly across from the hardware store. Parking is allowed anywhere in the large parking lot.
City ELKTON
Number Of Units Total 3
Lot Size Units Square Feet
Lot Size Square Feet 7231.00
Number of Units Leased 2
Tax Annual Amount 4428.0
Home Warranty Y/N N
Two Bedroom 1
Structure Type Detached
Price Per Sq Ft Total AG 100.84
Acceptable Financing Cash Private Other
Vacation Rental Y/N N
Lease Type Long Term
Standard Status Active
Year Built Source Assessor
Total Actual Rent 46800.00
Association Recreation Fee N
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Interior
Interior Amenities Bathroom - Tub Shower Breakfast Area Carpet Combination Dining/Living Combination Kitchen/Dining Dining Area Entry Level Bedroom Family Room Off Kitchen Floor Plan - Traditional Kitchen - Eat-In
Heating Fuel Electric
Basement Unfinished
Flooring Carpet Laminated Hardwood
Hot Water Electric
Furnished Units None
Basement (Y/N) Y
Heating Y/N Y
Fireplace Y/N N
Central Air Y/N N
Laundry Type Lower Floor Washer In Unit
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Exterior
Exterior Amenities Gutter System Sidewalks
Pool No Pool
Parking Features Lighted Parking Unassigned
Water Source Public
Inclusions Appliances: Refrigeratorss Microwaves Washer/Dryer
Type of Parking Parking Lot
Foundation Details Block
Water View Y/N N
Lot Size Acres 0.17
Road Surface Type Paved
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 85300.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 203
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* Excluded Features
List By
Re/Max Chesapeake

Broker

sheilatweedremax@gmail.com

Email

Affordability Calculator

$2,440
Per Month
85%
15%
0%
Monthly Principal & Interest
$2,071
Monthly Property Taxes
$369
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
10/10/2026$299,900 Listed Price

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203 W Main Street, Elkton, MD, 21921 is a Multi-Family Home for sale at $299,900 with a lot size of 0.17. 203 W Main Street has 6 bedrooms, 0.0 baths, and was built in 1900. The property's zip code is 21921 which is in Elkton, MD