This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
24241 Colton Point Road, Clements, MD 20624
$360,000
24241 Colton Point Road, Clements, MD 20624View this property at 24241 Colton Point Road, Clements, MD 20624
24241 Colton Point RoadClementsMD20624
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
Property Description
Amazing opportunity for an income generating multi-unit property on over 8 acres of land. Live in one and rent the rest or rent all 4 units. This property has it all. Duplex consists of 2 bedroom 1 bath each. 2 single family homes, one 3 bed 1 bath, one 4 bed 1 bath. Rental history with long term tenants. The property needs some work/updating but that is fully reflected in the price point which is WELL below market value. Objective rental income: 2/1: 1k/month 2/1: 1k/month 3/1: 1.3k/month 4/1: 1.5k/month Total: $4,800/month or $57,600/year.
Full Property Details
Full Property Details for 24241 Colton Point Rd
General
- Sold For: $360,000
- Taxes: $5,960 (2021)
- Status: Closed
- Type: Multi-Family
- MLS ID: MDSM2008394
- Added to Site: 621 day(s) ago
Parking
- Total Spaces: 10
- Parking Type: Driveway
Location
- County: Saint Marys
- Driving Directions: GPS directions are accurate and intuitive
School Information
- School District: St. Mary's County Public Schools
Heating & Cooling
- Central air: Yes
- Cooling Type: Ceiling Fan(s), Central A/C, Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: Central, Heat Pump(s)
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Septic Exists
- Water: Well
Structural Information
- Architectural Info: Other
- Architectural Style: Other
- Structure Type: Detached
- Construction: Block, Combination, Stick Built, Vinyl Siding
- Foundation: Crawl Space, Block, Slab
- Roof: Shingle
- Stories/Levels: 0
- Square Feet: 4,826
- Sq. Ft. Source: Assessor
- Living Area: 4,826 Sq. Ft.
- Year Built: 1950
- Year Built Source: Assessor
Unit Information
- 2 Bedroom Units: 2
- 3 Bedroom Units: 1
Lot Features
- Lot Size (Acres): 8.42
- Lot Size (Sq. Ft.): 366,775
- Lot Size Source: Assessor
- Zoning: RPD
Financial Considerations
- Price Per Sq. Ft.: $77.68
- Assessment Year: 2022
- County Tax: $5,347
- County Tax Freq: Annually
- Tax w/Assessment: $582,700
- Tax Amount: $5,960
- Tax Year: 2021
- Terms: Standard Sale
- Tax Total Finished Sq. Ft.: 4826
Disclosures and Reports
- Buyer’s Brokerage Compensation: 3%
- Ownership: Fee Simple
Listed by RE/MAX One, Matthew A Burgan
Sold by Berkshire Hathaway HomeServices PenFed Realty, Christopher Cullen
Get Pre-Approved Today
Schools
Schools serving 24241 Colton Point Rd
School District:St. Mary's County Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
27180 Point Lookout Rd, Loveville, MD 20656 | PK-5 | 2.6 mi | |
29675 Point Lookout Rd, Mechanicsvlle, MD 20659 | 6-8 | 3.1 mi | |
25390 Colton Point Rd, Morganza, MD 20660 | 9-12 | 2 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 24241 Colton Point Rd
Date
Details
Price
Change
Source
9/16/2022
Sold
$360,000
-3.97%
MLS
8/11/2022
Listed
$374,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
24241 Colton Point Road, Clements, MD 20624 (MLS# MDSM2008394) is a Multi-Family property that was sold at $360,000 on September 16, 2022. Want to learn more about 24241 Colton Point Road? Do you have questions about finding other Multi-Family real estate for sale in Clements? You can browse all Clements real estate or contact a Coldwell Banker agent to request more information.