538-And 534 Monkton Rd

Monkton, MD 21111

NO OPEN HOUSES SCHEDULED...SHOWN BY APPOINTMENT ONLY. Unique opportunity to purchase a multi-unit investment property in the heart of Hereford. Included in the sale is a single family bungalow style home at 534 Monkton Rd. and a commercial style brick two-story building with one storefront space and four separate apartments, all occupied and in good condition. Three 2 bedroom units and one 1 bedroom unit and additional storefront space. Separate electric meters and shared oil fired hot water heating system with separate thermostats in multi-unit bldg. Full basement is utility and storage area. The single family home is rented and also in good condition. The improvements are situated on 29.48 acres of land, all wooded except for the area around the improvements (see documents for tax map drawing). Current zoning does not allow further subdivision. Separate recorded ROW access to the far end of the property. See document site for additional information. DO NOT ENTER THE PROPERTY WITHOUT AN APPOINTMENT AND ALL APPOINTMENTS WILL BE DURING TWO TIME PERIODS EACH WEEK TO BE CONSIDERATE TO THE TENANTS: WED. 5-8 PM AND SUN 1-5PM, WITH PRIOR DAY NOTICE REQUIRED. All units have Baltimore County Rental licenses in place and are lead paint compliant. Financials to be provided to serious buyers only. Seller financing may be available to qualified buyer with 25% down payment and excellent credit. Land would be great for creating walking trails, hunting, or just enjoying the natural wooded setting.