Address
1 E Potomac Street Williamsport, MD
Price
$ 325,000
Property Attributes
  • MLS#MDWA2004262
  • TypeCommercial
  • CountyWASHINGTON
  • CityWilliamsport
  • Zip21795
  • StyleApartment Building
  • Year Built1900
  • Taxes$ 3797
  • Price$ 325,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage9705
  • Lot Size6,970 SqFt
Listing Provided Courtesy Of:
RG Realty, Inc.
Data Source:
Bright MLS
Property Description

ATTENTION INVESTOR'S. Opportunity zone. This property is a value add investment, being sold at 46k a unit. there are 3 units with 2bd/1 bath roughly needing 10-15k per unit. 2-1bd/1ba needing 5-10k , as well as 2 commercial units that need minor renovations around 5-10k. needs new roof 30k Total renovation cost 115K. ARV 630k.. Annual cash flow potential $73,200. current Washington county, MD CAP rate is 9.1%. This property is located just minutes from i-81 & i-70, as well as minutes to all attractions that Washington county, MD has to offer.

Price History
12/24/2021 Listed $325,000

General Features

Acceptable Financing Cash, Conventional
Accessibility Entry Slope <1'
Business Type Apartment Building
Construction Materials Brick
Cool Fuel Electric
Cooling Central A/C
County WASHINGTON
Days on Market 24
Heating Central, Baseboard - Electric
Lot Size Square Feet 6783.00
Municipality Williamsport
New Construction No
Ownership Fee Simple
Possession Settlement
Price Per Sq Ft 33.49
Property SubType Five Or More Units
Property Type Commercial Sale
PropertyCondition Major Rehab Needed
Roof Shingle, Metal
Sewer Public Sewer
Tax Annual Amount 3797.0
Tax Lot 201
Tax Year 2020
Total Units 5
Vacation Rental Y/N No
Water Access Y/N No
Zoning TC

Interior Features

Central Air Y/N Yes
Heating Fuel Electric
Heating Y/N Yes
Hot Water Electric

Exterior Features

Building Area Total 9704.00
Car Parking Spaces 7
Lot Size Acres 0.16
Lot Size Source Assessor
Navigable Water Y/N No
Total Parking Spaces 7
Type of Parking On Street, Parking Lot
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 21795

Price
AVG $4.04M
$330K
Taxes
AVG $4,491
$3,797
Visits
AVG 21
9
Year Built
AVG 1825
1900

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