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Stacie Teal-Locust
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Parsonsburg MD Real Estate & Commercial for Sale

1 Properties Found

The median home value in Parsonsburg, MD is $208,000. This is higher than the county median home value of $176,000. The national median home value is $266,648. The average price of homes sold in Parsonsburg, MD is $208,000. Approximately 68% of Parsonsburg homes are owned, compared to 22% rented, while 9% are vacant. Parsonsburg real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you like to see a property, contact Parsonsburg real estate agent to arrange a tour today!
Learn more about Parsonsburg Real Estate.


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Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
MDWC110894
Type:
General Commercial
Lot size:
0.52 Acres
Year built:
1930
Courtesy: EXP Realty, LLC
View additional info

INCOME PRODUCING PROPERTY WITH LOW OPERATING EXPENSES! Looking for a versatile income generating commercial property with multiple units? This property consists of 5 units that are 100% rented out generating $2,500/month in rental income. Keep them all rented or move into one of the units when the lease comes up. Each unit can be used for businesses or storage units - the possibilities are endless. Property is close to Salisbury, MD line and located right next to the Old Parsonsburg Firehouse. Parking in front and back of building. 2 half baths that tenants share. Property has had multiple updates, all concrete floors, new windows, doors and vinyl siding on main building, roof redone 4 years ago, electric updated. Unit 1 (34x22), Unit 2 (27x17), Unit 3 (21x21), Unit 4 (14 x 29), Unit 5 (40 x 18, detached building). Measurements are approximate. YEARLY EXPENSES: Taxes: $901, Insurance: $742, Electric: $600 (owner contributes $50 a month for electric, tenants split the rest. 1 meter for property), Lawn Care ($25 per cut x 2 times per month x 6 months a year = $300.

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