Bought with Lisa A Dickey • Northrop Realty
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41 LIBERTY ST Westminster, MD 21157
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Key Details
Sold Price $500,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 3,000 sqft
Price per Sqft $166
MLS Listing ID MDCR2010080
Sold Date 09/20/23
Year Built 1900
Available Date 2022-08-12
Annual Tax Amount $3,199
Tax Year 2023
Lot Size 5,694 Sqft
Acres 0.13
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
5 NICE Size, very Marketable One Bedroom Apartments, very close to the center of town, (fairly large living room, where most people spend a majority of their time at home, roomy separate bedroom with full bath, and generous size eat-in kitchen.
****Property Certified 'Lead Free' by the MDE (Maryland Department of the Environment), thus SAVES a future Owner Thousands in lead program Inspection and Registration Fees. A very RARE situation to have a older Rental Property that is completely Exempt from the Lead Paint Registration/Inspection Program!!!
****Property Completely Renovated in 1985 when converted from 2 units to 5 units, rebuilt from the foundation up, and all 'mechanicals' (Electrical, Plumbing, Insulation) replaced NEW with reno.
****ALL of the 'Major' Updates/Upgrades (Roof, updated mechanical, Plumbing, HVAC, Paved Parking Lot) have already been DONE for a future owner. With only mostly 'cosmetic' updates necessary in the future to greatly increase 'marketability' of units and future income.
****Current long term owner has left current rents below market, with all fairly long term tenants, BUT All current tenants on 'month-to-month' leases, which gives future owner the flexibility to make the cosmetic improvements/upgrades, to greatly increase future income from the Property.
Location
State MD
County Carroll
Zoning RESIDENTIAL
Interior
Hot Water Electric
Heating Baseboard - Electric
Cooling Central A/C
Flooring Carpet, Laminated, Vinyl
Heat Source Electric
Exterior
Garage Spaces 8.0
Water Access N
Roof Type Shingle
Accessibility None
Total Parking Spaces 8
Garage N
Building
Foundation Permanent
Sewer Public Sewer
Water Public
New Construction N
Schools
Elementary Schools Cranberry Station
Middle Schools East
High Schools Winters Mill
School District Carroll County Public Schools
Others
Tax ID 0707066627
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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