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    310 Main St Marydel, MD 21649

    For Sale
    $620,000

    Updated apartment building with income potential near shopping and services.

    Property size:
    3,600 SF
    Lot size:
    0.34 Acres

    Property Features for 310 Main St

    General Information

    Size
    3,600 SF
    Lot size
    0.34 Acres

    Building Details

    Year built
    1900

    Source: Keller Williams Realty Agent Sharon Daugherty

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Updated Apartment Building Investment Opportunity

    This updated apartment building presents an investment opportunity, featuring three 2-bedroom, 1-bath units and one 3-bedroom, 1-bath unit. Each unit has a private entrance and separately metered utilities. The property includes a furnished office space, offering potential for on-site management or rental income. Recent upgrades include a well less than a year old with a 20-year warranty, a roof replaced 3 years ago, new siding on the entire building, new plumbing throughout, and a commercial-grade water softener system. Each unit is equipped with a refrigerator, microwave, stove, baseboard heating, window A/C units, smoke detectors, and fire extinguishers. Tenants have access to a dedicated outdoor storage unit and parking. Free weekly trash service is provided. A modern surveillance system is in place. The property offers a potential rental income of $5,100 per month and is located near shopping and other services. The property size is 3600 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Restaurant Building Supply Pharmacy Auto Parts Store Food Market Grocery Store Garden Center Electrical Service Cafe & Coffee Shop Smoke and Vape Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Marydel
    County
    Caroline
    State
    Maryland
    Longitude
    -75.7468973
    Latitude
    39.1121413

    Nearby Similar for Sale

    • $355,000

      Specialty Property in Marydel, MD

      Specialty property available for sale in Marydel, Maryland.
      27279 Jenny Hye Ln, Marydel, MD 21649
      View Details

    FAQs

    What type of property is this?
    Quadplex - Updated apartment building with income potential near shopping and services.
    Where is this quadplex located?
    The property is located at 310 Main St Marydel, MD.
    What is the asking price?
    The asking price for this property is $620,000.
    What are key features of this property?
    This property features: - Potential rental income of $5,100/month.; - Four units: **three 2-bedroom, 1-bath and one 3-bedroom, 1-bath**, all with private entrances and separately metered utilities.; - Recent upgrades include a **new well with 20-year warranty**, roof replaced 3 years ago, new siding, and new plumbing.
    (410) 524-6400
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    310 Main St Marydel, MD 21649
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    310 Main St
    Marydel, MD 21649
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    310 Main St Marydel, MD 21649
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