84 YORK ST new to site

Taneytown,MD 21787

$ 569900

- Bed

- Bath

4800 SqFt


Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 4,800 sqft

Price per Sqft $118

MLS Listing ID MDCR2027872

Year Built 1948

Available Date 2025-06-14

Annual Tax Amount $6,150

Tax Year 2024

Lot Size 4,225 Sqft

Acres 0.1

Property Sub-Type Five Or More Units

Source BRIGHT

Property Description

Investment Opportunity: 6-Unit Apartment Building with Stable Tenancy
Discover a prime investment in this well-maintained 6-unit spacious, 4,800 sq. ft. apartment building, ideally located in Taneytown MD. Currently fully occupied, this property offers a reliable income stream, $5,225 gross monthly income. The unit composition includes three 1-bedroom and three 2-bedroom apartments, accommodating a diverse range of renters.
All units are on month-to-month leases, offering flexibility for future adjustments. One unit (Unit 1) is HUD approved, and all units are certified Lead Free. Two of the apartments have been completely remodeled—one in 2023 and the other in 2024—while the updated lobby adds a welcoming touch for tenants and guests alike. The building sits on a slab foundation and has a newer roof installed in 2022, adding to its low-maintenance appeal. Each unit is equipped with electric baseboard heat and some units with window A/C units. The property is home to long-term tenants, many of whom have been renting for years and would like to stay.
This turnkey property presents an excellent opportunity for investors seeking a low-maintenance asset with immediate rental income. Don't miss out on this chance to expand your portfolio in a thriving rental market. Schedule your viewing today!

Location

State MD

County Carroll

Zoning R-600

Interior

Hot Water Electric

Heating Baseboard - Electric

Cooling Window Unit(s),Ceiling Fan(s)

Flooring Laminated,Wood,Carpet

Inclusions 4 Refrigerators, 4 Stoves, 7 Window A/C units

Heat Source Electric

Exterior

Water Access N

View Street,City

Roof Type Flat,Rubber

Accessibility None

Garage N

Building

Foundation Slab

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Carroll County Public Schools

Others

Tax ID 0701017675

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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