39.14574 -76.59354

21 SUMAC RD Glen Burnie, MD 21060

261817176 39.14574 -76.59354 230 /listing/261817176-150245583/21-sumac-rd-glen-burnie-md-21060 False 0 885000.0 4400 101 MDAA424168 False
  • $885,000
  • 4,400 sqft
  • 0.17 lot
  • Est payment $4750.87/mo

Property & Neighborhood Info

Courtesy Of Taylor Properties

Commercial in GLEN BURNIE

High cash generating 6-unit property -- 5-unit apartment complex plus single family home in Glen Burnie. Great location off B and A Blvd, close to both Hwys 10 and 100. Big rental demand area. Lead free. Coin-operated laundry facility on site. 5 of the 6 units have been fully renovated, including flooring, lighting, painting, heating/cooling, etc. One 3 bedroom, four 1 bedrooms, and one efficiency. Solid, long-term tenants with good security deposits. The main building was recently upgraded with individual electrical meters to each unit and a brand new roof, exterior painting, landscaping, and mailbox cluster. The small single family home has a car port. Property generates ~$75k+ per year in gross rental income! Never a vacancy, huge demand area for these types of units. Considering all expenses, at $885k purchase price this represents a ~7% cap rate investment. There is additional upside in rents as well. With all the upgrades, this is an easy property to manage.

Courtesy Of Taylor Properties
  1. 4,400 Sq. Ft.
  2. 0.17 Lot

Main Features

  • Listing Status: Active
  • Year Built: 1949
  • School District: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS
  • County: Anne Arundel County
  • Taxes: $4,736.00
  • Tax Year: 2019
  • Units: 2
  • Subdivision: Sumac Fields
  • MLS Number:MDAA424168

Additional Features

  • Air Conditioning:
    • No
  • Cooling:
    • Window Unit(s)
  • Cooling Fuel:
    • Electric
  • Water Heater:
    • 60+ Gallon Tank
  • Building Area Source:
    • Estimated
  • Building Square Feet:
    • 4400.00
  • Business Type:
    • Apartment Building
  • New Construction:
    • No
  • Roof:
    • Asphalt
  • Water Source:
    • Public
  • Lot Description:
    • Backs to Trees
  • Waterfront:
    • No
  • Heating:
    • Baseboard - Electric
  • Heating Fuel:
    • None
  • Sewer:
    • Public Sewer
  • Water Access:
    • No
  • Financing:
    • Cash
    • Contract
    • Conventional
    • Seller Financing
  • List Type (Exclusive):
    • Exclusive Agency
  • Rental Features:
    • No
  • Assessment Year:
    • 2019
  • MLSSystem ID:
    • BRIGHT
  • Possession:
    • Negotiable
  • Price Per SQFT:
    • 201.14
Neighborhood info courtesy of Homes.com © 2020

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
Century 21 Montague-Canale
Century 21 Montague-Canale
(215) 355-5500
720 Second Street Pike Suite 101 Southampton PA 18966
no name available Century 21 Montague-Canale
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39.14574 -76.59354

21 SUMAC RD Glen Burnie, MD 21060

261817176 39.14574 -76.59354 230 /listing/261817176-150245583/21-sumac-rd-glen-burnie-md-21060 False 0 885000.0 4400 101 MDAA424168 False
  • $885,000
  • 4,400 sqft
  • 0.17 lot
  • Est payment $4750.87/mo