• Asking Price $296,000
  • Estimated Value: $309,155
  • 102 Massey Ave Church Hill, MD 21623

  • 4,394 SqFt
  • Multi-family (5 or more units) / For Sale by Owner

Property Details for 102 Massey Ave, Church Hill, MD 21623

Features

  • Price/sqft: $67
  • Lot Size: 26569
  • Stories: 3
  • Heating: Baseboard
  • Construction Type: Brick

Facts

  • Year Built: 01/01/1900
  • Property ID: 577031841
  • Parcel Number: 02-008270
  • Property Type: Multi-family (5 or more units)
  • County: QUEEN ANNES
  • Legal Description: LOT - 26,569 SQ FT E/MASSEY AVENUE IN PRICE
  • Zoning: NC-2
  • 1st mortgage amount: $256,000
  • 1st mortgage balance: $171,792.00
  • 1st mortgage estimated interest rate: 5.63%
  • 1st mortgage estimated payment: $1,474.49
  • 1st mortgage term: 360 months
  • Total lien amount: $256,000

Description

This property is offered for sale directly by the owner. For Sale By Owner homes, also known as FSBOs, can be a good buying opportunity, because the owner will save up to 6% when there are no brokers involved in the transaction. This leaves more room for price negotiation and potential buyer savings.

This listing is NOT a foreclosure. Great investment opportunity to buy 5 unit apartment house for 100k less than listed last year and 40k less than purchase price!Price is FIRM, not negotiable If you look at attached mortgages calculator, you'll see payment (with 30k down) is $1500/mo (and that's at 5.5%, whereas Inwas just quoted 5.15%).4,200 income-1500 payment-400 taxes & insurance-50 Electric (never been over $45)=$2250.00 profit/monthTwo 2 bedroom apartments and three 1 bedroom apartments bringing in over 4k per month in rents. Most tenants have been there for a long time as there is not a lot of turnover. Recent remodeling on a few of the units as well as new porch.(Three zero one) five two three-five six four six301 523 5646 cellThis price is FIRM, not negotiable.

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