NOT LISTED FOR SALE

201 Gay St Denton, MD 21629

-- Bed
5 Baths
3,572 Sq Ft
0.44 Acres

Last Sold May 27, 2021

Last sale price $395,000 $111 Per Sq Ft

Highlights

  • Water Views
  • Federal Architecture
  • 1 Fireplace
  • 0.44 Acre Lot
  • Deck
  • Corner Lot

About This Home

As of May 2021

"5 UNITS not 4" Great Opportunity to own a 5 unit Rental with a Good Rental History That is cash flowing. Don"t miss this Great Investment Property over looking the Waters of the Choptank River with each unit having a peek of the River. There are 5 separately metered all very spacious 1BR units. Assigned Parking in Rear and nice yard. Full Unfinished Basement with Laundry, Side porch & Deck. you could live in one and continue to rent the others. 100 % Tenant Occupied. *Cash Flowing/Buy Today Make Money Tomorrow! A 48 hour Courtesy notice to show.

Last Agent to Sell the Property

Barbara Beaudet

(410) 829-2881 barbarabeaudet2016@gmail.com Brenton Realty Group License #584289 Listed on: 04/13/2021

Last Buyer's Agent

Stacey Szwedo

(301) 440-4880 sszwedo@aol.com RE/MAX Leading Edge License #311844

RE/MAX Leading Edge

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,797

Year Built

  • Built in 1920 | Remodeled in 1980

Lot Details

  • 0.44 Acre Lot
  • Corner Lot
  • Cleared Lot
  • Back, Front, and Side Yard
  • Historic Home
  • Property is in very good condition

Home Design

  • Federal Architecture
  • Block Foundation
  • Plaster Walls
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • Bathtub with Shower
  • 3,572 Sq Ft Home
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • 1 Fireplace
  • Double Pane Windows
  • Water Views
  • Basement

Kitchen

  • Eat-In Kitchen
  • Stove

Flooring

  • Carpet
  • Vinyl

Laundry

  • Electric Dryer
  • Washer

Home Security

  • Motion Detectors
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Gravel Driveway
  • Off-Street Parking
  • 3 Assigned Parking Spaces

Accessible Home Design

  • Level Entry For Accessibility

Outdoor Features

  • Deck
  • Shed
  • Outbuilding
  • Porch

Schools

  • Denton Elementary School
  • Lockerman-Denton Middle School
  • North Caroline High School

Utilities

  • Window Unit Cooling System
  • Electric Baseboard Heater
  • Electric Water Heater
  • Municipal Trash
  • Private Sewer
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0603014053

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • 4-Story Building

Building Details

  • Operating Expense $11,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,797

Year Built

Built in 1920 | Remodeled in 1980

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Architectural Style: Federal
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • Historic: Yes
  • Home Warranty: No
  • Inclusions: 5 Stoves , 5 Refrigerators , Washer & Dryer ,Storage Shed , 2 Fire Extinguishers
  • New Construction: No
  • Year Built: 1920
  • Year Renovated: 1980
  • Building Winterized: No
  • Remarks Public: "5 UNITS not 4" Great Opportunity to own a 5 unit Rental with a Good Rental History That is cash flowing. Don"t miss this Great Investment Property over looking the Waters of the Choptank River with each unit having a peek of the River. There are 5 separately metered all very spacious 1BR units. Assigned Parking in Rear and nice yard. Full Unfinished Basement with Laundry, Side porch & Deck. you could live in one and continue to rent the others. 100 % Tenant Occupied. *Cash Flowing/Buy Today Make Money Tomorrow! A 48 hour Courtesy notice to show.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Stove, Washer, Dryer - Electric
  • Flooring Type: Vinyl, Carpet
  • Interior Amenities: Kitchen - Table Space, Tub Shower, Ceiling Fan(s), Carpet
  • Window Features: Double Pane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings, Dry Wall, Plaster Walls
  • Foundation Details: Block
  • Basement: Yes
  • Total Sq Ft: 3572
  • Living Area Sq Ft: 3572
  • Price Per Sq Ft: 130.18
  • Above Grade Finished Sq Ft: 3572
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 201

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Vinyl Siding
  • Exterior Features: Outbuilding(s), Sidewalks, Street Lights
  • Roof: Asphalt
  • Spa: No
  • View: Water, Street
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Assigned Spaces Count: 3
  • Garage: No
  • Parking Features: Crushed Stone, Assigned
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Security: Carbon Monoxide Detector(s), Main Entrance Lock, Motion Detectors, Smoke Detector
  • Sewer/Septic System: Private Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public
  • Municipal Trash: Yes
  • Internet Services: Cable, DSL

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: CAROLINE COUNTY PUBLIC SCHOOLS
  • Elementary School: DENTON
  • Middle School: LOCKERMAN-DENTON
  • High School: NORTH CAROLINE
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121139029245
  • School District Source: Listing Agent
  • Elementary School: DENTON
  • High School: NORTH CAROLINE
  • Middle Or Junior School: LOCKERMAN-DENTON

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 272500.00
  • Land Assessed Value: 49200.00
  • Land Use Code: 104
  • Lot Features: Cleared, Corner, Front Yard, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.44
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 19162.00
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Property Condition: Very Good
  • Year Assessed: 2021
  • Zoning: MR
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Total Actual Rent: 43200.00
  • Units Leased Count: 5
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4487789
  • Tax Annual Amount: 5797.00
  • Assessor Parcel Number: 0603014053
  • Tax Total Finished Sq Ft: 3572
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 05/27/2021

Multi Family

  • Operating Expense: 11500.00
  • Single Room Units Count: 5

MLS Schools

  • School District Name: CAROLINE COUNTY PUBLIC SCHOOLS

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2021 05/27/21 Sold $395,000 -15.1% $111 / Sq Ft
04/20/2021 04/20/21 Pending -- -- --
04/13/2021 04/13/21 For Sale $465,000 +43.1% $130 / Sq Ft
01/26/2018 01/26/18 Sold $325,000 -4.4% --
12/04/2017 12/04/17 Pending -- -- --
12/02/2017 12/02/17 Price Changed $340,000 -2.9% --
09/27/2017 09/27/17 For Sale $350,000 +7.7% --
04/12/2012 04/12/12 Sold $325,000 -1.8% --
03/05/2012 03/05/12 Pending -- -- --
02/24/2012 02/24/12 Price Changed $331,000 +1.8% --
10/03/2011 10/03/11 Price Changed $325,000 +4.8% --
03/23/2011 03/23/11 For Sale $310,000 -- --
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDCM125272

Bright MLS