203 W Main St, Elkton, MD 21921
Local realty services provided by:Better Homes and Gardens Real Estate Valley Partners
203 W Main St,Elkton, MD 21921
$299,900
- 6 Beds
- - Baths
- 2,974 sq. ft.
- Multi-family
- Active
Listed by: sheila tweed
Office: re/max chesapeake
MLS#:MDCC2023460
Source:BRIGHTMLS
Price summary
- Price:$299,900
- Price per sq. ft.:$100.84
About this home
TRIPLEX! Income producing opportunity! Don’t miss your chance to own this three-unit apartment building offering established rental income and excellent potential for additional revenue! Zoned commercial with multiple residential use, this property features newer windows throughout, separate electric panels for each apartment, and plenty of parking in the adjoining parking lot!
The first-floor apartment offers 3 bedrooms, 2 full baths, and an additional storage area, with monthly rent of $1,400. The vacant second-floor apartment features 2 bedrooms, 1 full bath, fresh paint, and recently cleaned carpeting, offering an opportunity to secure a new tenant. Previous monthly rent was $1,350.The third-floor apartment offers 1 bedroom, with monthly rent of $1,150. Two units are currently occupied by long-term tenants, providing an established rental income stream. Tenants pay all utilities, and existing leases transfer with the property. Conveniently located near restaurants, shopping, schools, medical facilities, and everyday amenities, this property offers a desirable combination of flexibility and income potential! Whether you’re a seasoned investor looking to expand your portfolio or just getting started in real estate investing, this property deserves your attention! Schedule your tour and explore the possibilities!...
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Home facts
- Year built:1900
- Listing ID #:MDCC2023460
- Added:1 day(s) ago
- Updated:October 10, 2026 at 07:01 PM
Rooms and interior
- Bedrooms:6
- Flooring:Carpet, Hardwood, Laminated
- Kitchen Description:Breakfast Area, Carpet, Exhaust Fan, Kitchen - Eat-In, Microwave, Oven/Range - Electric, Refrigerator, Water Heater
- Basement:Yes
- Basement Description:Unfinished
- Living area:2,974 sq. ft.
Heating and cooling
- Heating:Baseboard - Electric, Electric
Structure and exterior
- Roof:Shingle
- Year built:1900
- Building area:2,974 sq. ft.
- Lot area:0.17 Acres
- Construction Materials:Block, Shingle Siding
- Exterior Features:Gutter System, Roof, Sidewalks
- Foundation Description:Block
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$299,900
- Price per sq. ft.:$100.84
- Tax amount:$4,428 (2026)
Features and amenities
- Amenities:Carpet
Parking
- Parking description:Lighted Parking, Parking Lot, Unassigned
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