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    400 Renfro Drive , #102

    GLEN BURNIE, MD 21060
    • $125,000
    • STATUS: Active Under Contract
    • ON SITE: 95 days
    • ID#: MDAA440882
    Under Contract
    UPDATED: 11 min ago
    $125,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Commercial
    Built:
    2005
    County:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    Roomy ground level 1358 square foot commercial-zoned condo - former beauty spa w/6 rooms w/sinks/hair stations, office, kitchen, front reception & back office. Can be many types of business! 2 private parking spaces and lots more open parking nearby. Between Baltimore & Annapolis.Just 7.3 miles from BWI Airport & near UMD campus. Wood floors and handicapped accessible, Also for rent-$1800 pm + electric and water/sewer or lease purchase/rent w/option to buy. Community Room available to owners for meetings/events. Front and rear entrance to the condo. If rented for $1800 pm Cap Rate is 11.91% based on $21600 income - 5% vacancy ($1080) and $4163 annual condo fee and $1469 property taxes for a net income of $14,888 per year.

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    ©2020 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Mike Coleman Team | Keller Williams Realty Devon-Wayne. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2020-10-26T22:49:46.967.
    www.mikecolemanteam.com/homes/108124775
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    400 Renfro Drive , #102 GLEN BURNIE, MD 21060

    • Price: $125,000
    • Status: Active Under Contract
    • Updated: 11 min ago
    • ID#: MDAA440882
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    2005
    Built
    County:
    Anne Arundel
    Elementary School:
    Point Pleasant
    Middle School:
    Marley
    High School:
    Glen Burnie
    School District:
    Anne Arundel County Public Schools
    Property Description
    Roomy ground level 1358 square foot commercial-zoned condo - former beauty spa w/6 rooms w/sinks/hair stations, office, kitchen, front reception & back office. Can be many types of business! 2 private parking spaces and lots more open parking nearby. Between Baltimore & Annapolis.Just 7.3 miles from BWI Airport & near UMD campus. Wood floors and handicapped accessible, Also for rent-$1800 pm + electric and water/sewer or lease purchase/rent w/option to buy. Community Room available to owners for meetings/events. Front and rear entrance to the condo. If rented for $1800 pm Cap Rate is 11.91% based on $21600 income - 5% vacancy ($1080) and $4163 annual condo fee and $1469 property taxes for a net income of $14,888 per year.
    Exterior Features

    Construction Materials StoneVinyl Siding Door Features Six Panel Garage YN No Lot Features ClearedCul-De-SacLandscaping Parking Features Paved ParkingSurface Parking Types Parking Lot Property Condition Very Good Riparian Rights YN No Road Responsibility City/County Road Surface Type Black Top Roof Unknown View Trees/WoodsStreet Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

    Interior Features

    Basement YN No Building Area Total 1358.00 Building Features KitchenMeeting RoomsOfficeReception Area Cooling Heat Pump(S) Fireplace YN No Flooring WoodVinyl Heating Heat Pump(S) Heating YN Yes Inclusions Parking Included In Listprice Leasable Area 1380 Net Square Feet 1358.00 Security Features Main Entrance LockSmoke Detector Walls Ceilings Dry Wall

    Property Features

    Acceptable Financing Lease PurchaseCashConventionalNegotiableOther Accessibility Features Other Assessment Year 2020 Association Amenities Community Center Association Expense 346.94 Association Fee Includes Common Area MaintenanceCustodial Services MaintenanceExt Bldg MaintFiber Optics AvailableManagementInsuranceReserve FundsRoad MaintenanceSewerSnow RemovalWater Association YN No Building Name Regatta Condo Business Type OtherMedicalProfessionalHair Salon And Spa Central Air YN No Condo YN No Cooling Fuel Electric Cross Street E. Furnace Branch Road Current Use Spa Electric 200+ Amp Service Green Remarks Buildiing Not Known To Be Green But Built in 2005 So Will Have Modern insulation Levels Gross Income 21600.00 Heating Fuel Electric Historic YN No Hot Water Electric Incorporated City Name None Internet Services DslFiber Optic Lease Considered YN Yes Metering Electric Separate Navigable Water YN N Net Operating Income 14999.00 New Construction YN No Operating Expense 5632.00 Operating Expense Includes Snow RemovalParkingTrash Original MLSNumber 304215562063 Owner Pays Association FeesElectricityHeatInsuranceSewerRepairs Ownership Interest Condominium Possession Settlement Property Sub Type Office Sale Type Standard Sewer Public Sewer Tax Annual Amount 1469.28 Tax Assessment Amount 135800.00 Total Actual Rent 21600.00 Transportation Airport Less Than 10 Miles Utilities Electric AvailableMultiple Phone LinesSewer AvailableWater Available Vacation Rental YN No Water Source Public Zoning C1b Zoning Description Commercial Condominium Zoning Code C1b

    Listing courtesy of Long & Foster Real Estate, Inc..


    ©2020 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Mike Coleman Team | Keller Williams Realty Devon-Wayne. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2020-10-26T22:49:46.967.
     
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    The Mike Coleman Team | Keller Williams Realty Devon-Wayne
    216 E. Lancaster Ave.
    Wayne PA, 19087