11959 Augustine Herman Highway
Kennedyville, MD 21645
MLS #KE9911657

Multi-Family
  • 3units
  • 0.18acres
  • 4,360sq ft
$229,000
Est. P&I payment: $874.62/mo
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Description for 11959 Augustine Herman Highway, Kennedyville, MD 21645
Great investment opportunity! High visibility 3 unit multifamily/commercial building housing 2 large apartments & local post office. Large gravel topped parking area in rear. All electric/separately metered . Public water and sewer. Apartments currently on month to month leases. Post Office on 5 yr. lease. Owner will have exterior freshly painted prior to sale.
MLS #KE9911657
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My Notes for MLS #KE9911657

General Features

  • Property Type: Multi-Family
  • Type: Multi-Family
  • Year Built: 1920
  • Total Units: 3
  • Unit List: Two Bedroom
  • Two Bedroom Units: 2

Exterior Features

  • Exterior: Siding - Aluminum / Steel,​Wood
  • Exterior Features: Chain Link Fence,​Porch-front,​Sidewalks
  • Stories: 4
  • Handicap: None
  • Roof: Shingle - Asphalt
  • Exposure: Street
  • Lot AreaAcre: 0.183655
  • Lot Size Area: 8,000
  • Lot Dimensions: 162x50
  • Road Frontage: 50
  • Parking: Private 1-10 Spaces,​Unpaved,​Gravel Driveway
  • Water Front: N

Interior Features

  • Tax Total Living Area: 4,360
  • Basement: Y
  • Basement Entrance: Outside Entrance,​Side Entrance,​Cellar Entrance
  • Basement Type: Cellar,​Walkout Stairs,​Partial
  • Fireplaces: 2
  • Walls Ceilings: Dry Wall,​Plaster Walls
  • Windows Doors: Storm Windows,​Wood Frame

Utilities Features

  • Appliances: Oven / Range - Electric,​Refrigerator,​Washer,​Dryer
  • Cooling Fuel: Electric
  • Cooling: Wall Unit
  • Heating Fuel: Electric
  • Heating: Baseboard
  • Hot Water: Electric
  • Metering: Electricity is sep
  • Sewer Septic: Public Sewer
  • Water: Public

Financial Features

  • Total Taxes: 2,163.67
  • Total Taxes Payment Freq: Annually
  • County Tax: 2,163.67
  • County Tax Payment Freq: Annually
  • Tax Year: 2016
  • Improvement Assessment Amount: 98,600
  • Improvement Assmnt. Payment Freq: Annually
  • Land Assessment Amount: 92,200
  • Land Assessment Payment Freq: Annually
  • Total Assessment: 190,800
  • Total Assessment Payment Freq: Annually
  • Assessment Year: 2016
  • Property Net Operating Income: 21,462
  • Gross Income: 26,100
  • Expenses: 4,638
  • Monthly Gross Rent: 2,400
  • Vacancy Factor: 30
  • Additional Income Sources: Other
  • Owner Pays: Accounting/Legal,​Repairs and Maintenance,​Taxes-Real Estate,​Other,​Property Insurance
  • Two Bedroom Avg Rent: 850

Community Features

  • City: 10000059060
  • County: Kent
  • Subdivision: KENNEDYVILLE
  • HOA: N
  • Vacation Home: N
  • Amenities: Washer / Dryer Hookup,​Wood Floors

School Features

  • High School: KENT COUNTY

Misc Features

  • Auction: N
  • Foreclosure: N
  • Potential Short Sale: No
  • Tenancy: 3+ Year Lease(s),​Month-to-Month Lease(s),​Vacant
  • Property Condition: As-is condition
  • New Construction: N
  • Zoning Code: C-1

Location

 
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The listing information for 11959 Augustine Herman Highway, Kennedyville, MD 21645 was graciously provided by our friends at the listing brokerage, Champion Realty, Inc.

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P&I Payment $874.62
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Please Note: All information in this site is deemed reliable but not guaranteed. The property information provided on EXIT Deluxe Realty's websites is for personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Property information is gathered from third-party resources including the seller and public records. EXIT Deluxe Realty, Onjax, LLC, its affiliates, owners, subsidiaries and subscribers disclaim any and all representations or warranties as to the accuracy or reliability of the information provided. You should verify all claims through personal inspection and/or contact with the appropriate real estate professionals.
© 2017 Metropolitan Regional Information Systems (MRIS).
MRIS is the source of the listing information and listings are provided by various brokerages who participate in the MRIS IDX program. Listings provided by brokerages other than the owner of this website show the listing brokerage on the listing details page. This website is not an MLS nor does it represent the full data set of the MRIS Multiple Listing Service (MLS).
Last Updated 10/21/2017 at 9:08pm
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