- – beds
- – baths
- 4,800 sqft
- 4,225 sqft lot
- $118 per sqft
- 1948 build
Investment Opportunity: 6-Unit Apartment Building with Stable Tenancy Discover a prime investment in this well-maintained 6-unit spacious, 4,800 sq. ft. apartment building, ideally located in Taneytown MD. Currently fully occupied, this property offers a reliable income stream, $5,225 gross monthly income. The unit composition includes three 1-bedroom and three 2-bedroom apartments, accommodating a diverse range of renters. All units are on month-to-month leases, offering flexibility for future adjustments. One unit (Unit 1) is HUD approved, and all units are certified Lead Free. Two of the apartments have been completely remodeled—one in 2023 and the other in 2024—while the updated lobby adds a welcoming touch for tenants and guests alike. The building sits on a slab foundation and has a newer roof installed in 2022, adding to its low-maintenance appeal. Each unit is equipped with electric baseboard heat, and the landlord has supplied one window A/C to most units. The property is home to long-term tenants, many of whom have been renting for years and would like to stay. This turnkey property presents an excellent opportunity for investors seeking a low-maintenance asset with immediate rental income. Don’t miss out on this chance to expand your portfolio in a thriving rental market. Schedule your viewing today!
Last checked:
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Last updated Jun 14, 2025
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MLS# MDCR2027850 —
The Building
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Year Built:1948
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Year Built Source:Assessor
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Roof:Rubber, Flat
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New Construction:No
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Construction Materials:Vinyl Siding
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Building Units Total:4
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Structure Type:Detached
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Architectural Style:Colonial
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Accessibility Features:None
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Foundation Details:Slab
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Basement:No
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Total SqFt Source:Assessor
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Total Below Grade SqFt Source:Assessor
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Tax Total Finished SqFt:4800
Interior
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Interior Features:Carpet, Ceiling Fan(s), Wood Floors
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Flooring Type:Laminated, Wood, Carpet
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Fireplace:No
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Living Area SqFt Source:Assessor
Room Dimensions
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Total SqFt:4800
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Living Area SqFt:4,800 Sqft
Financial & Terms
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Sale Type:Standard
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Possession:Settlement, Negotiable
Location
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Directions:From Westminster - Route 140W toward Taneytown to Round-about. Take 1st exit to stay on Rt 140 (Taneytown Pike) Make a Right on York Street to property (No Sign)
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Latitude:39.66191783
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Longitude:-77.17274661
The Property
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Property Subtype:Other
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Property Type:Multi-Family
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Lot Size Units:Square Feet
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Lot Size Acres:0.10
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Lot Size Source:Assessor
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Lot SqFt:4,225 Sqft
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Inclusions:4 Refrigerators, 6 Stoves and 6 Window A/C Units, 1 dryer and may area rugs and 2 built in wardrobes
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Zoning:R-600
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View:City, Street
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In City Limits:Yes
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Other Structures:Above Grade, Below Grade
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Waterview:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Land Use Code:M
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Ground Rent Exists:No
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (443) 340-0999
- Office phone:
- (410) 823-0033
Taxes
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Tax ID Number:0701017675
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Tax Year:2024
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Tax Annual Amount:$6,150
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Tax Assessed Value:$409,167
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Year Assessed:2025
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County Tax:4588.00
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City/Town Tax:1502.00
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Total Taxes Payment Frequency:Annually
Heating & Cooling
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Cooling Type:Window Unit(s), Ceiling Fan(s)
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Central Air:No
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Cooling Fuel:Electric
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Heating:Yes
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Heating Type:Baseboard - Electric
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Heating Fuel:Electric
Utilities
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Sewer/Septic:Public Sewer
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Hot Water:Electric
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Water Source:Public
Appliances
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Appliances:Stove, Refrigerator
Schools
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School District Name:Carroll County Public Schools
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School District Source:Listing Agent
The Community
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Pool:No Pool
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Spa:No
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Association Recreation Fee:No
Parking
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Garage:No
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Type of Parking:On Street
Extra Units
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# of Units:5
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Other Units:Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6
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Vacation Rental:No
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Units Furnished:None
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One Bedroom Units:3
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Two Bedroom Units:3
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
6/13/25
Jun 13, 2025
|
Listed / Active | BRIGHT | $569,900 |