Lee Terrace Multifamily
For Sale
Contact for pricing
1-6-8 Lee Terrace, Easton, MD 21601
Fully occupied multifamily property with upside potential in Easton.
Property SizeContact for details
Days on Market202
Property Features for 1-6-8 Lee Terrace
General Information
Standard status
Active
Property subtype
Multi-Family
Zoning
R-10A (Residential District)
Listing Agency:
MacKenzie Commercial Real Estate | Baltimore
Listed By:
Trish Farrell
(410) 974-9003
Source:
Mackenziecommercial
Added: Apr 3
Changed: Oct 11
Last Checked: Oct 20 at 5:06PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of MacKenzie Commercial Real Estate | Baltimore
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Investment Insights
Based on property information with market context.
The property at 1-6-8 Lee Terrace presents an investment opportunity with potential for increased returns through minimal improvements. The facilities have been maintained to a high standard. The property is fully occupied. Rents are currently below market rates, offering an opportunity to increase revenue by adjusting to market rates. The location off S Washington Street provides convenient access to local amenities, Route 50, and the Easton Bypass.
Key Highlights
- Opportunity for higher return on investment by increasing rents to market rates.
- Fully occupied property providing immediate income.
- Minimal improvements needed.
Property Analytics
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Location Intelligence
Trade Area within ½ mile
365
Businesses Nearby
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Business Placement
Demographics for 21601, MD
23,945
Population
11,609
Households
2.1
Avg Household Size
48
Median Age
41%
College-Educated
92%
High-School Grad
107.1 sq mi
ZIP Area
224
Density / Sq Mi
$81,837
Median Household Income
$48,859
Median Earnings
$1,229
Median Rent
$370,300
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Multifamily property - Fully occupied multifamily property with upside potential in Easton.
Where is this multifamily property located?
The property is located at 1-6-8 Lee Terrace Easton, MD.
What are key features of this property?
This property features: Opportunity for higher return on investment by increasing rents to market rates.; Fully occupied property providing immediate income.; Minimal improvements needed.
