More property info for 108, 110, 112 Ice St
- 3 Unit brick building all on one deed. Great investment opportunity. Rent out all three or live in one and rent the other two! Each unit has 1 bedroom, 1 bath, separate living and dining rooms, and den/office. Rubber roof is only 5 years old. Units separately metered (water and electric). Tenants pay all utilities. Landlord pays real estate taxes and insurance. When fully leased, rental income is $3, 075/ month or $36, 900/ year. Annual expenses are roughly $6, 400/ year (including avg. budget of $1.200 for repairs). NOI = $30, 500. Cap Rate = 8.2%. All numbers based on self management. Lead Certs available for all units. Units 110 and 112 can be viewed in person without 24 hour notice. Due to COVID precautionary measures, unit 108 will only be available for virtual tours. Please do not disturb tenant in unit 108. Property was fully leased until very recent when owners decided to renovate units 110 and 112. Property being sold AS-IS.
- Appliances: Oven/Range - Electric, Refrigerator
- Architectural Style: Traditional
- Basement Type: Other, Dirt Floor, Connecting Stairway
- Flooring Type: Carpet, Ceramic Tile, Laminated, Vinyl
- Foundation Details: Stone
- Interior Features: Carpet, Ceiling Fan(s), Dining Area, Floor Plan - Tra
- Living Area SQFT: 2436
- Exterior Features: Sidewalks
- Lot Size Acres: 0.06
- Lot SQFT: 2688.00
- Navigable Water YN: No
- Road Surface Type: Black Top
- Roof: Metal
- View: Street
- School District Name: FREDERICK COUNTY PUBLIC SCHOOLS
- Cooling Fuel: Electric
- Cooling Type: Window Unit(s)
- Heating Type: Baseboard - Electric
- Hot Water: Electric
- Sewer Septic: Public Sewer
- Water Source: Public
- Buyer Agent Full Name: Non Member
- Buyer Office Name: Metropolitan Regional Information Systems, Inc.
- List Agent Full Name: Richard E Ropp
- List Office Name: Real Estate Teams, LLC
- List Office Phone: 3016953020
108, 110, 112 Ice St Map Location
Listing courtesy of Real Estate Teams, LLC
Information obtained from Bright MLS is current as of 3/29/2024 2:42 AM.