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Hassan Symes

[email protected] +1(202) 907-5565

Listed by George Merritt • NAI Coastal

$ 1,175,000

Est. payment -/mo

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Active

11761 SOMERSET AVE Princess Anne, MD 21853

3,922 Sqft Lot

UPDATED:

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID MDSO2007168

Year Built 1950

Annual Tax Amount $4,259

Tax Year 2025

Lot Size 3,922 Sqft

Acres 0.09

Lot Dimensions 0.00 x 0.00

Property Sub-Type Five Or More Units

Source BRIGHT

Property Description

Introducing an exceptional investment opportunity in the heart of Princess Anne, MD. This expansive 14,182 SF building, constructed in 1950, boasts 17 units, comprising 10 residential and 7 commercial spaces, an excellent opportunity for a multifamily investor. Situated just a quarter of a mile from the University of Maryland Campus, this property offers an ideal location for potential tenants. With a layout designed to maximize rental income, this property presents an attractive prospect with great potential for yield and growth. Don't miss the chance to invest in this prime asset in a thriving area with promising returns.

Location

State MD

County Somerset

Area Somerset East Of Rt-13 (20-02)

Zoning C-1 COMMUNITY COMMERCIAL

Interior

Hot Water Electric

Heating Forced Air

Cooling Central A/C

Heat Source Electric

Exterior

Garage Spaces 5.0

Water Access N

Accessibility None

Total Parking Spaces 5

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Somerset County Public Schools

Others

Tax ID 2015005505

Ownership Fee Simple

Special Listing Condition Standard

NEARBY SCHOOLS & PROPERTIES

Hassan Symes

License ID: (DC) SP98370570 & (MD) 649789

+1(202) 907-5565

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