3 house profitable income property on 4.5 acres

12649 Greensboro Rd, Greensboro, MD 21639, USA

7 Bedrooms · 4 Bathrooms · $295,000 • For Sale

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Property Information

Rural location. A ‘for rent’ sign in the front yard is all the advertising required to solicit a large Price includes 12655 Greensboro Rd.number of prospective tenants. Virtually zero effort to manage!

Price includes 12655 Greensboro Rd. This listing is for the sale of 3 houses on two parcels. They share a well.  Each unit has a separate septic, however, the septic for 12649 utilizes part of the 12655 land. For these reasons, they must be purchased together. Combined rent is $2,830 per month. Combined taxes approx. $3200 and combined insurance approx. $1600 per year. Tenants pay electric, propane, trash and are responsible for mowing. All 3 units have sheds. Units are occupied and require 48 hours notice to enter.

2BR/1BA 1930’s craftsman/rancher on 4.1 acres. Approx. 940 sq. ft. Renovated in 1995 with kitchen renovated again in 2019 (new appliances/cupboards/counters). New carpet in 2019. This house has an electric HWH and propane furnace. New septic installed 2014. No DW but has hookups for side by side W/D in the kitchen utility closet and rents for $850/month.

3 BR/2BA home is newer construction (2008). Approx. 1250 sq ft. It has large bedrooms and an open floorplan with living room and combined kitchen/dining room making this a very comfortable house. This house is all electric with a heat pump for central heat/AC. It has a DW and hookups for a stacked washer/dryer in the kitchen utility closet. Rents for $1200/mon.

2BR/1BA home on the same parcel as the 3/2 house was renovated in 2008. Approx.  860 sq ft. This house has an electric heat pump (new in 2015) with a propane auxiliary heater (and propane water heater). It has no DW or W/D hookups and rents for $780/month.

  • 7

  • 4

  • 3,000
    Square Feet

  • Year Built

  • 4.5
    Lot Size

  • Multi Family


Features and Amenities

  • Out Building

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Map Information

12649 Greensboro Rd, Greensboro, MD 21639, USA

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