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2 W Railroad Avenue W, Ridgely, MD 21660
$190,000
2 W Railroad Avenue W, Ridgely, MD 21660View this property at 2 W Railroad Avenue W, Ridgely, MD 21660
2 W Railroad Avenue WRidgelyMD21660
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Property Description
Investment opportunity!!! Fully rented, great capitalization rate on this 4500+ sqft building. Building is brimming with Ridgely's proud history dating back to 1867. Property has been well maintained to preserve its condition. Both ground level units are successful businesses, 2nd floor 2 bedroom unit, 3rd floor 2 bedroom unit. Looking for cash flow or just a safe investment call today.
Full Property Details
Full Property Details for 2 W Railroad Ave W
General
- Sold For: $190,000
- Taxes: $2,721 (2021)
- Status: Closed
- Type: Multi-Family
- MLS ID: MDCM2000240
- Added to Site: 1, 025 day(s) ago
Parking
- Total Spaces: 2
- Parking Type: Off Street, On Street
Location
- Municipality: Ridgely
- County: Caroline
- Driving Directions: From Rt 480 head west on Central Ave, turn left at railroad intersection. Property on left
- City Limits: Yes
School Information
- School District: Caroline County Public Schools
Heating & Cooling
- Cooling Type: Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: Baseboard - Electric, Forced Air
- Heating Fuel: Electric, Bio Fuel
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Colonial, Dwelling with Rental
- Architectural Style: Colonial, Dwelling with Rental
- Structure Type: Over Storefront
- Construction: Mixed
- Basement: Yes
- Basement Desc.: Partial
- Foundation: Block
- Roof: Metal
- Stories/Levels: 0
- Square Feet: 3,490
- Sq. Ft. Source: Assessor
- Living Area: 3,490 Sq. Ft.
- Year Built: 1890
- Year Built Source: Assessor
Unit Information
- 2 Bedroom Units: 2
Lot Features
- Lot Size (Acres): 0.11
- Lot Size (Sq. Ft.): 4,595
- Lot Size Source: Assessor
- Zoning: C2
Financial Considerations
- Price Per Sq. Ft.: $62.18
- Assessment Year: 2021
- City/TownTax: $939
- City/TownTax Freq: Annually
- County Tax: $1,781
- County Tax Freq: Annually
- Tax w/Assessment: $171,000
- Tax Amount: $2,721
- Tax Year: 2021
- Terms: Standard Sale
- Owner Pays: Sewer, Water, Trash Collection
- Landlord Pays: Sewer, Water, Trash Collection
- Tax Total Finished Sq. Ft.: 3490
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Ownership: Fee Simple
- Inclusions: Salon Equipment
Listed by Long & Foster Real Estate, Inc., Ryan Maloney
Sold by Tesla Realty Group LLC, Carolyn A Brock
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Schools
Schools serving 2 W Railroad Ave W
School District:Caroline County Public Schools, Denton, MD
Rating | Name | Grades | Distance |
---|---|---|---|
118 N Central Ave, Ridgely, MD 21660 | PK-5 | 0.4 mi | |
410 Lockerman St, Denton, MD 21629 | 6-8 | 5 mi | |
10990 River Rd, Ridgely, MD 21660 | 9-12 | 3.6 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 2 W Railroad Ave W
Date
Details
Price
Change
Source
10/21/2021
Sold
$190,000
-12.44%
MLS
7/20/2021
Listed
$217,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2 W Railroad Avenue W, Ridgely, MD 21660 (MLS# MDCM2000240) is a Multi-Family property that was sold at $190,000 on October 21, 2021. Want to learn more about 2 W Railroad Avenue W? Do you have questions about finding other Multi-Family real estate for sale in Ridgely? You can browse all Ridgely real estate or contact a Coldwell Banker agent to request more information.