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$195,000
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Property Description
High Visibility in Downtown Cambridge..Investment Opportunity 2 apts 2 bdrms 1 bath each and commercial area on main level. Commercial area rents for 800$ mo Apt A 750$ Apt B 650$ rents have not been raised for several years.. Showings require 24 hr notice,
Full Property Details
Full Property Details for 533 Race St
General
- Sold For: $195,000
- Taxes: $1,314 (2023)
- Status: Closed
- Type: Commercial
- Source: BrightMLSMidAtlantic
- MLS ID: MDDO2003808
- Added to Site: 1, 201 day(s) ago
Business
- Business Type: Flex
Rooms
Bathrooms
- Restrooms: 4
Parking
- Total Spaces: 4
- Parking Type: On Street
Location
- Municipality: Cambridge
- County: Dorchester
- Cross Streets: Cedar St
- Driving Directions: Maryland Ave to Race street UseGPS
- City Limits: Yes
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Heat Pump - Electric BackUp
- Heating Fuel: Natural Gas
- Water Heater: Electric, Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Block
- Entry Floor Number: 1
- Stories/Levels: 0
- Year Built: 1950
- Year Built Source: Assessor
- Property Condition: Average, Good
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 0.08
- Lot Size (Sq. Ft.): 3,300
- Lot Size Source: Assessor
- Zoning: C-2
Financial Considerations
- Price Per Sq. Ft.: $69.36
- Assessment Year: 2023
- City/TownTax: $575
- City/TownTax Freq: Annually
- County Tax: $739
- County Tax Freq: Annually
- Tax w/Assessment: $72,367
- Tax Amount: $1,314
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Investment: Yes
- Lot Number: 1
Listed by Sharon Real Estate P.C., D'Borah Wilson-Muffoletto
Sold by Compass, Mary M. Losty
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Schools
Schools serving 533 Race St
School District:Dorchester County Public Schools
| Name | Grades | Distance |
|---|---|---|
Maple Elementary School 5225 Egypt Road, Cambridge, MD 21613 | PK-5 | 2 mi |
Mace's Lane Middle School 1101 Maces Lane, Cambridge, MD 21613 | 6-8 | 1 mi |
Cambridge-South Dorchester High School 2475 Cambridge Beltway, Cambridge, MD 21613 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 533 Race St
Date
Details
Price
Change
Source
6/08/2023
Sold
$195,000
-13.33%
MLS
4/24/2023
Price Reduced
$225,000
-4.26%
MLS
11/08/2022
Listed
$235,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
533 Race Street, Cambridge, MD 21613 (MLS# MDDO2003808) is a Commercial property that was sold at $195,000 on June 08, 2023. Want to learn more about 533 Race Street? Do you have questions about finding other Commercial real estate for sale in Cambridge? You can browse all Cambridge real estate or contact a Coldwell Banker agent to request more information.

