Investment opportunity!!! Fully rented, great capitalization rate on this 4500+ sqft building. Building is brimming with Ridgely's proud history dating back to 1867. Property has been well maintained to preserve its condition. Both ground level units are successful businesses, 2nd floor 2 bedroom unit, 3rd floor 2 bedroom unit. Looking for cash flow or just a safe investment call today.
Sold for $280,000 on 01/09/24
$280,000
2 W Railroad Ave, Ridgely, MD 21660
--beds
0baths
3,490sqft
MultiFamily
Built in 1890
-- sqft lot
$319,500 Zestimate®
$80/sqft
$1,134 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Baseboard, Forced air
Interior area
- Total interior livable area: 3,490 sqft
Property
Lot
- Size: 4,791 sqft
Details
- Parcel number: 07004699
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Metal
Condition
- Year built: 1890
Community & neighborhood
Location
- Region: Ridgely