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Downtown Four-Unit Income Property

111 W CECIL Ave North East, MD 21901

111 W CECIL Ave, North East, MD, 21901
$400,000
Pending
For Sale
$400,000
Pending

Four-unit multifamily building with three occupied apartments and one currently vacant unit.

Days on Market75

Property Features for 111 W CECIL Ave

General Information

Standard status
Pending
Property subtype
Investment

Building Details

Year Built
1949
Listing agency Alberti Realty, LLC
Listed by Joseph Warren Avampato · License #5002497
Source Elliman
Added: May 8 Updated: Jul 21 at 6:02AM Checked: Jul 21 at 6:02AM

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 Alberti Realty, LLC


Investment Insights

Based on property information with market context.

This for-sale four-unit multifamily property is set up for income generation with three apartments currently occupied and one unit vacant. Apt 1 is a 3-bedroom, 1-bath unit on a month-to-month arrangement. Apt 2 is a 2-bedroom, 1-bath unit on a month-to-month arrangement. Apt 3 is a 2-bedroom, 1-bath unit with a year lease. Apt 4 is a 3-bedroom, 1.5-bath unit and is currently vacant.

Located in downtown North East, the building is car-dependent based on walk and bike scores of 36 and 31, respectively. The property is listed for sale at 111 W Cecil Ave, North East, MD 21901.

Key Highlights

  • Four‑unit multifamily building (1949) in downtown North East with 3 occupied units and 1 currently vacant unit.
  • Unit mix: one 3 bed/1 bath, two 2 bed/1 bath, and one 3 bed/1.5 bath.
  • Apt 1 (3 bed/1 bath) pays $1,300/month on month‑to‑month.

Property Analytics

Location Intelligence

Current Use by Public Records

Multifamily properties

Suggested Use

Law Firm Dental Office HVAC Service Plumbing Service Accounting Firm Skin Care Clinic Electrical Service Building Supply Grocery & Convenience Store Parking Lot & Garage

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Multifamily property - Four-unit multifamily building with three occupied apartments and one currently vacant unit.
Where is this multifamily property located?
The property is located at 111 W CECIL Ave North East, MD.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Four‑unit multifamily building (1949) in downtown North East with 3 occupied units and 1 currently vacant unit.; Unit mix: one 3 bed/1 bath, two 2 bed/1 bath, and one 3 bed/1.5 bath.; Apt 1 (3 bed/1 bath) pays $1,300/month on month‑to‑month.
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