11761 Somerset Avenue
- 14,182 SF in 2 building with 17 units
- 10 residential and 7 commercial units
- Built in 1950 with many renovations and refreshes
- Ideal for multifamily/low-rise/garden investment opportunities
Property Description
Introducing an exceptional investment opportunity in the heart of Princess Anne, MD. This expansive 14,182 SF building, constructed in 1950, boasts 17 units, in 2 buildings comprised of 10 residential and 7 commercial spaces, an excellent opportunity for a multifamily investor. Situated just a quarter of a mile from the University of Maryland Campus, this property offers an ideal location for potential tenants. With a layout designed to maximize rental income, this property presents an attractive prospect with great potential for yield and growth. Don't miss the chance to invest in this prime asset in a thriving area with promising returns.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $1,175,000 |
| No. of Units: | 17 |
| Year Built: | 1950 |
| Opportunity Zone: | No |
| Price per unit: | $69,118 |
| Property Website | Click Here |
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