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402-408 And 307 Elm St- Front Street
Perryville, MD 21903
$267,850
Check out this perfect opportunity for investors! Two separately recorded properties for the price of one! The 5-units consist of (1) 3 bedroom, one bath townhouse, and (4) 2 bedroom, 1 bath quadplex. Each unit is separately metered for electric with one water bill for each building (townhouse and quadplex). Currently, two of the five units are occupied and are producing $1,900 a month in gross rents while the remaining units are prepared and ready for remodel. The remodel work needed is indoors and the roof. Brand new siding for all units has been completed. Fantastic location ! Near I-95 and Route 40. One block from the Susquehanna River, playgrounds, walking and biking trails, and new upscale brewery across the street. Near Hollywood Casino and soon to be completed Great Wolf Lodge-Indoor Water Attraction. Being sold as-is. Great potential! Perryville is an up and coming town!
