For Sale
$625,000

414 Edgewood RdEdgewood, MD 21040

High-yield property, 5 potential rental units.

Overview

Added:
Feb 3
Days on market:
63
This exceptional mixed-use property at 414 Edgewood Road, Edgewood, MD, presents a lucrative investment opportunity or owner-occupancy scenario. Spanning 8,186 square feet on a 0.31-acre lot, this well-maintained building boasts a recently installed roof (7 years old). Currently, two tenants occupy the building: a salon with a private entrance and a large shop space at the rear, featuring two garage doors, an office, and a bathroom. A third space is owner-occupied, offering flexibility for the new owner to remain as a tenant or vacate. The remaining space, a shop/storage area with a garage door, office space, and two bathrooms, presents significant potential. This area can be leased as a single unit or subdivided into two additional rental units, maximizing income generation. The building's layout and multiple potential rental spaces provide substantial flexibility for various business ventures or investment strategies. Priced at $625,000, this property offers a compelling return on investment with its existing income stream and significant upside potential.

Property Details for 414 Edgewood Rd

Property type
Mixed-use properties
Square Feet
8,186 SF
Year Built
1959
Lot Size (sq. ft)
13,504 SF

Location Insight

City
Edgewood
County
Harford
State
Maryland
Latitude
39.4206
Longitude
-76.29489
414 Edgewood Rd, Edgewood, Maryland

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414 Edgewood Rd
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