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2518 Sparrows Point Rd - Excellent Investment Opportunity!

2518 Sparrows Point Rd Sparrows Point, MD 21219 Auction Type: Reserve
Property Type: Commercial/Investment


$3,000 Deposit

 

Cheri Chenoweth
443-299-8800
jcheno1214@aol.com

 
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Excellent Investment Opportunity!
11 Unit Commercial Property
Lower Level previously had a tanning parlor, small engine shop & exercise studio.
Upper level has 6 apartments.
Large block multiple use building at corner with 4 extra lots, includes parking in front, side, & rear.
Zoned: BLAS with automotive overlay and total possibility of 11 apartments.
Approximately 12,200 sq ft plus, on two floors plus large lower level.
Building now includes:
First Floor: 2 large rental spaces, large garage area, 2 restrooms, private entrances, security glass block windows.
note: This floor could be rehabbed as apartments.

Second Floor: 4 complete apartments for rent
2 - 2BR
2 - Efficiencies
Immediate income producing approximately $36,000 annually plus 2 unfinished apartment rentals
1 - 3BR
1 - 2BR

Lower Level: Full BA, Office, large air compressor throughout lower level and garage, indoor shooting range/storage area, additional room has many possibilities.

SOLD!

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