Listed By:
Taylor Properties
Address
15 and 17 Sumac Road, Glen Burnie, MD
Price
$ 495,000
Property Attributes
  • MLS#MDAA2079870
  • TypeMulti-Family
  • CountyANNE ARUNDEL
  • CityGlen Burnie
  • Zip21060
  • Style
  • Year Built1952
  • Taxes$ 2327
  • Price$ 495,000
  • Bedrooms3
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.17 Acres
Data Source:
Bright MLS
Property Description

Single family home + duplex for sale on separate, but adjacent tax lots. These 3 units are fully rented, actual income (not proforma) of $51,660/year and a 8.7% cap rate, lead free, licensed, separately metered, completely renovated inside and out, in a fantastic Glen Burnie location, with realistic upside. The home (15 Sumac Rd): 1 bedroom 1 bath with a private fenced yard and shed. Remodeled outside and inside. Gutters, painting, lighting, landscaping, and the interior were all re-done (flooring, painting, lighting, bathroom re-done, etc). Large shed. This home could be sold separately if city water/sewer is connected directly, a major future upside, as it sits on its own tax lot. The duplex (17A and 17B Sumac): Two, 1 bedroom 1 bath units with identical floor plans. New roof and gutters, painting, lighting, landscaping, and interiors all re-done. Private yard. Two sheds w/power and an owner's shed as well. This property is easy to rent, easy to manage, and has a lot of long-term possibilities.

Price History
3/13/2024 Listed $525,000
4/17/2024 6% - $495,000

General Features

Sewer Public Sewer
Heating Baseboard - Electric
Cooling Window Unit(s)
Possession Immediate
Zoning NON-CONFORMING USE
Pool Y/N No Pool
Architectural Style Other
Construction Materials Vinyl Siding
Year Built 1952
Property SubType Other
Tax Year 2022
Percent Ownership Fee Simple
Cool Fuel Electric
Section C
Accessibility None
County ANNE ARUNDEL
New Construction No
Property Type Multi-Family
Garage Y/N No
Water Access Y/N No
Other Structures Above Grade,Below Grade
Status ACTIVE
Directions just look it up; 15 and 17 Sumac Rd are being sold together in this listing
ModificationTimestamp 2024-04-17T09:25:04
City GLEN BURNIE
Buyer Agent Compensation 3
Disclosures Lead Free Paint,Agent has Financial Interest,Agent Related to Owner,Lead Inspection Certificate Available,Owner RE Licensee,Under Lease
Zoning Description Non-conforming use for the duplex at 17 Sumac has been granted by the county
Total Units 3
Lot Size Square Feet 7420.00
Tax Assessed Value 193900.0
Waterfront Y/N No
Number of Units Leased 3
Street Name SUMAC
Tax Annual Amount 2327.0
Home Warranty Y/N No
Structure Type Other
One Bedroom Units Count 3
Price Per Sq Ft 471.43
Vacation Rental Y/N No
Total SQFT 1050
Days on Market 49
Standard Status Active
Year Built Source Estimated
Legal Subdivision SUMAC FIELDS
Tax Lot 9R
Total Actual Rent 51660.00
Cap Rate 8.70
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee No

Interior Features

Heating Fuel Electric
Hot Water Electric
Heating Y/N Yes
Street Suffix ROAD
Central Air Y/N No
LivingAreaSource Estimated

Exterior Features

Water Source Public
Type of Parking Driveway,On Street
Land Use Code R
Water View Y/N No
Lot Size Acres 0.17
Lot Size Units Square Feet
Lot Size Source Estimated
Land Assessed Value 130900.00
Navigable Water Y/N No
Water Oriented 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 Multi-Family Average in 21060

Price
AVG $540K
$500K
Taxes
AVG $4,374
$2,327
Visits
AVG 128
225
Data Provided by Inside Real Estate®
Year Built
AVG 1956
1952

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.

Areas We Cover