Glen Burnie, MD 21060,21 SUMAC RD
Glen Burnie, MD 21060,21 SUMAC RD
Glen Burnie, MD 21060,21 SUMAC RD
15
$825,000
$845,000
2.4%
Est.Price: ?

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4,500 SqFt

21 SUMAC RD Glen Burnie, MD 21060

Est. payment /mo
SOLD DATE : 07/08/2024

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Key Details

Sold Price $825,000

Property Type Commercial

Sub Type Five Or More Units

Listing Status Sold

Purchase Type For Sale

Square Footage 4,500 sqft

Price per Sqft $183

MLS Listing ID MDAA2077910

Sold Date 07/08/24

Originating Board BRIGHT

Year Built 1949

Annual Tax Amount $5,890

Tax Year 2021

Lot Size 7,500 Sqft

Acres 0.17

Property Description

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.

Location

State MD

County Anne Arundel

Zoning R5

Interior

Hot Water Electric

Heating Baseboard - Electric

Cooling Window Unit(s)

Heat Source Electric

Exterior

Garage Spaces 9.0

Water Access N

Roof Type Asphalt,Architectural Shingle

Accessibility None

Total Parking Spaces 9

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Anne Arundel County Public Schools

Others

Tax ID 020375590047647

Ownership Fee Simple

SqFt Source Estimated

Acceptable Financing Conventional, Cash

Listing Terms Conventional, Cash

Financing Conventional,Cash

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Nicole C. Hassannia • Taylor Properties
Bought with Emilie P Wright • Mr. Lister Realty

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Josh Heller

Owner | License ID: RS338767 / NMLS #2348781

+1(717) 200-4148

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