$845,000
21 Sumac Rd, Glen Burnie, MD, 21060
4,500
Square feet
0.17
Acres
6 total rental units. Cash flowing, no deferred maintenance, fully rented, and recently renovated apartment building (5 units) plus single-family home in renter-dense Glen Burnie location. Lead-free (MDE registered) and legal (cert of use w/non-conf cert and MDL). Property was fully renovated in '18/'19 -- new roofs and gutters, individually electrical metered, new water heater, paint, LED lighting, landscaping, fencing, mailbox cluster, and 5 of 6 interiors completely re-done including baseboad heaters. Actual annual rents of $90,120 with upside, equating to a 8.75% current cap rate. Units consist of one 3-bedroom, three 1-bedrooms, and one efficiency in the apartment building and one 1-bedroom bungalow single-family home. There is a separate laundry room with income.
Facts & Features
| MLS® # | MDAA2077910 |
|---|---|
| Price | $845,000 |
| Bathrooms | 0.00 |
| Square Footage | 4,500 |
| Acres | 0.17 |
| Year Built | 1949 |
| Type | Commercial Sale |
| Sub-Type | Five Or More Units |
| Status | Active |
Community Information
| Address | 21 Sumac Rd |
|---|---|
| City | Glen Burnie |
| County | ANNE ARUNDEL-MD |
| State | MD |
| Zip Code | 21060 |
| Senior Community | No |
Amenities
| Is Waterfront | No |
|---|
Interior
| Heating | Baseboard - Electric |
|---|---|
| Cooling | Window Unit(s) |
| Has Basement | No |
| Fireplace | No |
Exterior
| Roof | Asphalt, Architectural Shingle |
|---|
School Information
| District | ANNE ARUNDEL COUNTY PUBLIC SCHOOLS |
|---|
Additional Information
| Date Listed | February 14th, 2024 |
|---|---|
| Days on Market | 79 |
| Zoning | R5 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Taylor Properties |
|---|