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Chesapeake Beach Multifamily Investment

3860 Gordon Stinnett Ave Chesapeake Beach, MD 20732

3860 Gordon Stinnett Ave, Chesapeake Beach, MD, 20732
$2,500,000
For Sale
$2,500,000

Sixteen fully occupied residential properties in Chesapeake Beach.

Property Size1,077 SF
Lot Size0.59 Acres
Price / SF$2,321
Days on Market735

Property Features for 3860 Gordon Stinnett Ave

General Information

Standard status
Active
Size
1,077 SF
Lot size
0.59 Acres
Listing Agency Shasho Consulting PA Commerical R.E.
Listed by Harry A Shasho · License #82336
Source Exprealty
Added: Jul 15, 2024 Checked: Jul 19 at 5:32 am

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 Shasho Consulting PA Commerical R.E.


Investment Insights

Based on property information with market context.

Sixteen residential properties, fully occupied, are located in Chesapeake Beach, an area featuring a water park, boardwalk, and fishing pier. The properties were built in 2001 and have a land area of 25,700 square feet. There are eight two-bedroom units, each ranging from 946 to 960 square feet, and eight three-bedroom units, each ranging from 1044 to 1077 square feet. The units are 100% electric, with the cost paid by the tenant. The owner pays for water, sewer, and trash services.

Key Highlights

  • 16 Fully Occupied Residential Properties
  • Located in Chesapeake Beach near water park, boardwalk, and fishing pier
  • Attractive Mix of 8 Two‑Bedroom and 8 Three‑Bedroom Units

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Real Estate Agency Hair Salon Spa & Massage Center Nail Salon Big Box & Wholesale Store Auto Parts Store Building Supply Parking Lot & Garage Electrical Service

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

FAQs

What type of property is this?
Apartment building - Sixteen fully occupied residential properties in Chesapeake Beach.
Where is this apartment building located?
The property is located at 3860 Gordon Stinnett Ave Chesapeake Beach, MD.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 16 Fully Occupied Residential Properties; Located in Chesapeake Beach near water park, boardwalk, and fishing pier; Attractive Mix of 8 Two‑Bedroom and 8 Three‑Bedroom Units
Contact an agent
More about this property
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