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    Multi-Unit Apartment Building with Five Leases Title is generated by Realmo AI

    3109 Ocean Gateway, Cambridge, MD 21613

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    For Sale
    $1,350,000

    Five fully leased units plus an additional tenant-occupied residential parcel offer a turn-key setup for long-term rental ownership.

    Type:Commercial
    Added:
    Jul 9, 2025
    Days on Market:
    342
    Last Refresh:
    Jun 11 at 3:37 am

    Property Features for 3109 Ocean Gateway

    General Information

    Standard status
    Active
    Property subtype
    Commercial

    Building Details

    Year Built
    2024

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    Listing Contact
    Chuck V Mangold Jr.

    Listing agent Chuck V Mangold Jr.

    Listing office Benson & Mangold,LLC

    Listing date Jul 9, 2025

    Source Deepcreeklake

    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 Benson & Mangold,LLC

    HighLights

    • Year built 2024
    • Five fully leased units with long‑term, well‑established tenants
    • Includes a residential space on Aireys Road
    • Additional residential parcel included in the offering and tenant‑occupied
    • All tenants reported as long‑term, with minimal turnover

    Overview

    This multi-unit apartment building at 3109 Ocean Gateway, Cambridge, MD 21613 includes five fully leased residential units. The current tenant base is described as long-term and well-established, supporting a low-turnover ownership experience per the property remarks. An additional residential parcel is included in the offering and is also tenant-occupied, providing further income continuity alongside the main building’s units.

    The property is described as having convenient access to major routes, with connections to surrounding Eastern Shore communities and beyond, while still maintaining a stable, tenant-friendly setting.

    For investors and buyers seeking straightforward, income-producing residential real estate, this structure is designed around existing occupancy. The offering combines multiple leased units within one package, plus an included tenant-occupied parcel, which may appeal to those looking to add established, long-term tenancies to a portfolio rather than manage initial lease-up.
    Location Intelligence

    Current Use by Public Records

    Shorely Beautiful Carpet & Flooring Store

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Big Box & Wholesale Store Hair Salon Auto Repair Shop Gym & Fitness Center Auto Parts Store Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Cambridge
    County
    Dorchester
    State
    Maryland
    Longitude
    -76.0239052
    Latitude
    38.5498572

    FAQs

    What type of property is this?
    Apartment building - Five fully leased units plus an additional tenant-occupied residential parcel offer a turn-key setup for long-term rental ownership.
    Where is this apartment building located?
    The property is located at 3109 Ocean Gateway Cambridge, MD.
    What is the asking price?
    The asking price for this property is $1,350,000.
    What are key features of this property?
    This property features: Year built 2024; Five fully leased units with long‑term, well‑established tenants; Includes a residential space on Aireys Road
    More about this property
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