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202 Parkway, Elkton, MD 21921

$699,000
  • 202 Parkway, Elkton, MD 21921 Main Photo

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BEDS0 BATHS MLS#MDCC2021072
STATUSACTIVE PROPERTY TYPECommercial - SUBDIVISIONELKTON HEIGHTS SCHOOLCECIL COUNTY PUBLIC SCHOOLS

Property Description

Outstanding opportunity to own a 6-unit brick apartment building in the highly desirable Elkton Heights neighborhood of Elkton, MD! This well-maintained, income-producing property offers a strong unit mix of four spacious 2-bedroom units and two 1-bedroom units, making it highly attractive to a wide range of tenants. The 2-bedroom units feature hardwood floors, full bathrooms, large family rooms, and separate dining rooms, along with the added bonus of front and rear deck entrances, providing excellent light, airflow, and tenant appeal. The 1-bedroom units also offer hardwood flooring, comfortable living spaces, and dining areas, creating functional and desirable layouts. Additional highlights include a large basement ideal for storage, and a 12-space private parking lot, a rare and valuable feature for multi-family properties in this area. Located in a high-demand rental market, this property delivers immediate income with strong long-term upside potential. Whether you're expanding your portfolio or acquiring a solid multi-family asset, this property checks all the boxes for cash flow, location, and tenant demand.

202 Parkway | MLS# MDCC2021072

This commercial property located at 202 Parkway, Elkton, MD 21921 is currently listed for sale with an asking price of $699,000. Parkway is located within the CECIL COUNTY PUBLIC SCHOOLS school district. Search Elkton real estate on www.homesale.com today.

Property Features

Property Type: Commercial -
Cooling: Ceiling Fan(s), Window Unit(s)
Fuel Type: Electric
Heating: Baseboard - Electric
Lot Size: 0.43 Acres
Roof Type: Architectural Shingle
Taxes: $6,633
Year Built: 1940

Feature Descriptions

Electric: 200+ Amp Service
Exterior: Brick
Flooring: Hardwood, Carpet, Vinyl
Lot Dimensions: 0.43 Acre(S)
Municipality: Elkton
Parking Notes: Paved Parking
Sewer: Public Sewer
Total Garage/Parking Spaces: 12
Units: 6
Water: Public

Local Schools

High School: ELKTON
Middle School: ELKTON
Elementary School: GILPIN MANOR
School District: CECIL COUNTY PUBLIC SCHOOLS

Listed By / Shown By

Listed By

Agency Name: Integrity Real Estate
Agency Phone: 4102878080

Shown By

Agency Title: Berkshire Hathaway HomeServices Homesale Realty
Agency Phone: +18003833535

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