1 E WATER STREETSmithsburg, MD, 21783
$ 775,000Bedrooms-- Baths0.0 Sq 8,712
for $775,000. This 8,712 square foot building was built in 1900 on a lot size of 0.21 Acre(s).
RG Realty and Roberto Gonzalez are pleased to present the opportunity to acquire a well maintained multifamily portfolio located in a desirable area. This is a rare opportunity for all qualified investors to purchase three contiguous and neighboring properties consisting of 13 units with the unit mix consisting of 11 one bedroom one baths apartments, and two single family homes, and seven fully leased garages. Historically high occupancy and immediate value-add, apartments are rented at below-market rents, leaving room for a new owner to capitalize on market demand for apartments. The properties are situated in a friendly community with an award-winning school system on the center town of Smithsburg, just minutes from interstate 70 and 81.
Cooling System Electric Cooling Window Unit(s)
Heating Source Oil
Heating System Radiators
Sewer Public Sewer
Water Source Public Water
Parking 1-20 Assigned Parking Spaces On Street Parking
- Monthly Principal & Interest
- Monthly Property Taxes
- Monthly Home Insurance
Default based on a 30-year fixed rate of 2.99% 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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Commerical listings in Smithsburg, MD
Average List Price $464,983
Percent of Sale Price 40%
About Smithsburg, MD
$ 78,404 Median Income
35.12 Median Age
45% Households with Children
WASHINGTON COUNTY PUBLIC SCHOOLS School District