242 W MAIN ST, Elkton, MD 21921
242 W MAIN ST, Elkton, MD 21921
242 W MAIN ST, Elkton, MD 21921
242 W MAIN ST, Elkton, MD 21921
242 W MAIN ST, Elkton, MD 21921
242 W MAIN ST, Elkton, MD 21921
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Listed by Brian Foraker • Foraker Realty Co.
$ 262,500
Est. payment | /mo

2,976 SqFt


Save
$ 262,500
Est. payment | /mo
Save

2,976 SqFt

Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,976 sqft

Price per Sqft $88

MLS Listing ID MDCC2022994

Style Colonial

Abv Grd Liv Area 2,976

Year Built 1915

Annual Tax Amount $3,391

Tax Year 2026

Lot Size 0.304 Acres

Acres 0.3

Property Sub-Type Detached

Source BRIGHT

Property Description

Prime Investment Opportunity, Quadraplex Close to Town
Investors, take note. This four-unit quadraplex offers strong income potential in a convenient location just minutes from town. The property features one spacious 2-bedroom, 1-bath unit and three comfortable 1-bedroom, 1-bath units — a versatile mix that appeals to a wide range of tenants. One unit is currently leased at $685 on a month to month lease, three are vacant.
With each unit projected to rent for approximately $1,000 or more per month, this property offers the potential to generate $4,000+ in gross monthly income. Whether you're growing your rental portfolio or looking for your first multi-unit investment, this is an opportunity worth a closer look.
Don't miss your chance to own a income-producing property in a desirable, close-to-town setting. Schedule your showing today!

Location

State MD

County Cecil

Zoning R3

Interior

Hot Water Electric

Heating Heat Pump(s)

Cooling None

Heat Source Electric

Exterior

Water Access N

Accessibility None

Garage N

Private Pool No

Building

Foundation Other

Above Ground Finished SqFt 2976

Sewer Public Septic

Water Public

Architectural Style Colonial

Additional Building Above Grade

New Construction N

Schools

School District Cecil County Public Schools

Others

Tax ID 0803037606

Ownership Fee Simple

SqFt Source 2976

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

Special Listing Condition Standard

Bright MLS (BMLS)

Nearby Locations

Michael Davis

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(302) 300-2300

michael@mdavisismyrealtor.com

651 north broad st #106, Middletown, Delaware 19709, USA

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242 W MAIN ST