Comments for 202 PARKWAY, Elkton, MD 21921
Outstanding opportunity to own a 6-unit brick apartment building in the highly desirable Elkton Heights neighborhood of Elkton, MD! This well-maintained, income-producing property offers a strong unit mix of four spacious 2-bedroom units and two 1-bedroom units, making it highly attractive to a wide range of tenants. The 2-bedroom units feature hardwood floors, full bathrooms, large family rooms, and separate dining rooms, along with the added bonus of front and rear deck entrances, providing excellent light, airflow, and tenant appeal. The 1-bedroom units also offer hardwood flooring, comfortable living spaces, and dining areas, creating functional and desirable layouts. Additional highlights include a large basement ideal for storage, and a 12-space private parking lot, a rare and valuable feature for multi-family properties in this area. Located in a high-demand rental market, this property delivers immediate income with strong long-term upside potential. Whether you're expanding your portfolio or acquiring a solid multi-family asset, this property checks all the boxes for cash flow, location, and tenant demand.
Cooling: Ceiling Fan(s), Window Unit(s)
Lot Size: 0.43 Acres
Days on Market: 97
Parking Notes: Paved Parking
Electric Description: 200+ Amp Service
Roof Type: Architectural Shingle
Exterior: Brick
Sewer: Public Sewer
Flooring: Hardwood, Carpet, Vinyl
Taxes: $6,633
Fuel Type: Electric
Units: 6
Heating: Baseboard - Electric
Water: Public
Lot Dimensions: 0.43 Acre(S)
Year Built: 1940
High School: ELKTON
Middle School: ELKTON
Elementary School: GILPIN MANOR
School District: CECIL COUNTY PUBLIC SCHOOLS