21 Sumac Road Glen Burnie, MD ^$ 845,000

21 Sumac Road

^$ 845,000

Back to search

21 Sumac Road

Glen Burnie, MD, 21060

^$ 845,000

Studio Baths0.0 Sq 4,500

Monthly Estimate*

^$ 5,616

21 Sumac Road, Glen Burnie, MD 21060 - Image 1

21 Sumac Road, Glen Burnie, MD 21060 - Image 2

21 Sumac Road, Glen Burnie, MD 21060 - Image 3

21 Sumac Road, Glen Burnie, MD 21060 - Image 4

21 Sumac Road, Glen Burnie, MD 21060 - Image 5

21 Sumac Road, Glen Burnie, MD 21060 - Image 6

21 Sumac Road, Glen Burnie, MD 21060 - Image 7

21 Sumac Road, Glen Burnie, MD 21060 - Image 8

21 Sumac Road, Glen Burnie, MD 21060 - Image 9

21 Sumac Road, Glen Burnie, MD 21060 - Image 10

21 Sumac Road, Glen Burnie, MD 21060 - Image 11

21 Sumac Road, Glen Burnie, MD 21060 - Image 12

21 Sumac Road, Glen Burnie, MD 21060 - Image 13

21 Sumac Road, Glen Burnie, MD 21060 - Image 14

21 Sumac Road, Glen Burnie, MD 21060 - Image 15

Studio

Commercial Property for sale in Glen Burnie, MD

for $845,000. This 4,500 square foot building was built in 1949 on a lot size of 0.17.

6 total rental units. Cash flowing, no deferred maintenance, fully rented, and recently renovated apartment building (5 units) plus single-family home in renter-dense Glen Burnie location. Lead-free (MDE registered) and legal (cert of use w/non-conf cert and MDL). Property was fully renovated in '18/'19 -- new roofs and gutters, individually electrical metered, new water heater, paint, LED lighting, landscaping, fencing, mailbox cluster, and 5 of 6 interiors completely re-done including baseboad heaters. Actual annual rents of $90,120 with upside, equating to a 8.75% current cap rate. Units consist of one 3-bedroom, three 1-bedrooms, and one efficiency in the apartment building and one 1-bedroom bungalow single-family home. There is a separate laundry room with income.

Commercial Active

Price

^$ 845,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 5,890

Style

Apartment Building

Lot Size

0.17

Year Built

1949

Town/City

Glen Burnie

County/Region

Anne Arundel

MLS | Web ID

MDAA2077910

Features

Interior

Heating Fuel Electric

Hot Water Electric

Heating Y/N Y

Street Suffix ROAD

Central Air Y/N N

General

Sewer Public Sewer

Heating Baseboard - Electric

Cooling Window Unit(s)

Possession Negotiable

Roof Asphalt Architectural Shingle

Zoning R5

Construction Materials Other

Year Built 1949

Property SubType Five Or More Units

Tax Year 2021

Percent Ownership Fee Simple

Cool Fuel Electric

Business Type Apartment Building

Accessibility None

County ANNE ARUNDEL

New Construction N

Property Type Commercial Sale

Water Access Y/N N

Status ACTIVE

Directions Off B&A Hwy and Sumac Rd

City GLEN BURNIE

Buyer Agent Compensation 3

Disclosures Agent has Financial Interest Agent Related to Owner Lead Free Paint Lead Inspection Certificate Available Owner RE Licensee Under Lease

Total Units 2

Lot Size Square Feet 7500.00

Waterfront Y/N N

Street Name SUMAC

Tax Annual Amount 5890.0

Property Condition Good

Price Per Sq Ft 187.78

Acceptable Financing Conventional Cash

Vacation Rental Y/N N

Days on Market 77

Standard Status Active

Year Built Source Estimated

Legal Subdivision SUMAC FIELDS

Tax Lot 11

Total Actual Rent 90120.00

Cap Rate 8.75

Buyer Agent Compensation Type % Of Gross

Association Recreation Fee N

Exterior

Water Source Public

Type of Parking Parking Lot

Water View Y/N N

Building Area Total 4500.00

Lot Size Acres 0.17

Lot Size Units Square Feet

Lot Size Source Estimated

Land Assessed Value 250000.00

Navigable Water Y/N N

Water Oriented Y/N N

Internal Only

Street Number 1 21

* Excluded Features

List By

Taylor Properties

Broker

nicole@hd-us.com

Affordability Calculator

$6,107

Per Month

Monthly Principal & Interest: $5,616
Monthly Property Taxes: $491
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW!

Nearby

Trends
Schools

Commerical listings in Glen Burnie, MD

Average List Price ^$903,615

Percent of Sale Price 7%

About Glen Burnie, MD

71,653 Population

12% Since 2002

^$62,917 Median Income

38.24 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2136830 Elementary School

2137124 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/17/2024	$845,000	-5.06%	Price Down
2/14/2024	$890,000		Listed Price

Map

More homes like this one

homes for you

See all

21 Sumac Road, Glen Burnie, MD, 21060 is a Commercial Property for sale at $845,000 with 4,500 sqft and a lot size of 0.17. 21 Sumac Road is a studio with 0.0 baths and was built in 1949. The property's zip code is 21060 which is in Glen Burnie, MD

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BrightMLS Broker Reciprocity^SM program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Weichert, Realtors® participates, and is provided by BrightMLS through a licensing agreement.

Real estate listings held by brokerage firms other than Weichert, Realtors® are marked with the Broker Reciprocity icon (a little black house) and detailed information about each listing includes the name of the listing broker.

The information provided by this website is for the personal, non-commercial use of consumers 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 on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

21 Sumac Road

Commercial Property for sale in Glen Burnie, MD

Affordability Calculator

Map

More homes like this one

Get more info about this home