15 and 17 SUMAC ROAD

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.