$568,000
$587,500
3.3%For more information regarding the value of a property, please contact us for a free consultation.
411 S LIBERTY ST Centreville, MD 21617
4,094 SqFt
Key Details
Sold Price $568,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 4,094 sqft
Price per Sqft $138
MLS Listing ID MDQA2006962
Sold Date 09/18/23
Style Converted Dwelling
Abv Grd Liv Area 4,094
Originating Board BRIGHT
Year Built 1905
Annual Tax Amount $4,973
Tax Year 2023
Lot Size 0.439 Acres
Acres 0.44
Property Description
All showings to be during scheduled open houses Thursday and Saturday. Please have your agent register their interest with co-listing agent.
Welcome to 411 S Liberty Street, Centreville, MD 21617 - an exceptional investment opportunity in the heart of historic downtown Centreville. This fully leased, renovated 3-unit property offers a prime location, modern amenities, and tremendous potential. With its desirable features and attractive income potential, this property is a dream for investors seeking stable returns in a vibrant community.
The property boasts a well-maintained exterior highlighted by a new roof and ample parking, ensuring convenience for both tenants and visitors. Situated on the main street, this property benefits from excellent visibility and easy access to the vibrant downtown area, where charming shops, restaurants, and local businesses create a lively atmosphere.
Each unit within this triplex has been thoughtfully designed to offer comfortable living spaces. The first two units feature 3 bedrooms and 1.5 baths, providing ample room for those seeking spacious accommodations. The third unit offers 2 bedrooms and 1.5 baths, catering to those seeking a cozy yet functional living environment. With separate meters for each unit, tenants can easily manage their own utilities, enhancing convenience and cost-efficiency.
The recent upgrades, including two brand new HVAC units and a third unit installed just a few years ago, ensure optimal comfort for tenants while minimizing maintenance costs. These modern amenities, combined with the property's overall renovations, make it an attractive option for tenants seeking quality rentals in Centreville.
The property presents a remarkable opportunity for expansion. Pending approval from the local governing body, an additional unit could be added, maximizing the property's income potential and further solidifying its value as an investment. This flexibility allows investors to adapt to changing market demands and capitalize on future growth.
Centreville, MD, itself offers a multitude of benefits for real estate investors. Its rich history and small-town charm make it an appealing destination for residents and visitors alike. With its convenient location within Queen Anne's County, residents enjoy easy access to nearby cities such as Annapolis and Baltimore, as well as the picturesque Chesapeake Bay and its recreational opportunities. The strong local economy, coupled with a growing population, provides a stable foundation for long-term rental demand and potential appreciation.
411 S Liberty Street presents a unique opportunity to own a fully leased, renovated 3-unit property in historic downtown Centreville, MD. With its prime location, updated amenities, potential for expansion, and the benefits of investing in Centreville's thriving real estate market, this property is a wise choice for investors seeking a promising income-generating asset. Don't miss your chance to acquire this exceptional investment property - schedule a showing today and secure your future in Centreville!
Location
State MD
County Queen Annes
Zoning R-2
Interior
Hot Water Electric
Heating Heat Pump(s)
Cooling Central A/C
Heat Source Electric
Exterior
Garage Spaces 15.0
Water Access N
Accessibility None
Total Parking Spaces 15
Garage N
Building
Foundation Crawl Space
Sewer Public Sewer
Water Public
Architectural Style Converted Dwelling
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Queen Anne'S County Public Schools
Others
Tax ID 1803010686
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Pieter de Dreu • Corner House Realty
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