4808 Old National Pike
Braddock Heights,
MD
21714
Property Details
List Price: |
$499,000 |
Beds: |
6 |
Baths: |
3 |
Status: |
Active |
SqFt: |
3356 |
Agency: |
R.E. Shilow Realty Investors, INC |
Description/Comments
Lot Size: |
-- |
Property Type: |
Residential |
Year Built: |
1870 |
Notes: |
**Charming Historic Toll House Property on Old National Pike – Prime Investment Opportunity**<br />
<br />
Discover a rare gem on Old National Pike: an original Frederick historic property (not on the historic registry) offering unparalleled charm and endless potential. Situated on a generously sized lot, larger than most in the area, this unique property is currently zoned residential with three separately metered units. Its expansive grounds provide ample opportunity for subdivision, making it a savvy investment for developers and homeowners alike.<br />
<br />
**Key Features:**<br />
***Fully Lease***<br />
**Three distinct and separately metered units**<br />
**Unit one rents out for $1000 per month. **<br />
**Unit two rents out for $1100 per month. **<br />
**Unit three rents out for $900 per month.**<br />
-*** approximately $36000 - $40,000 fully stabilized income<br />
<br />
- **Historic Toll House**: A historic property rumored to be the original Braddock Heights toll house"<br />
Step back in time with this well-preserved piece of history, exuding timeless character and charm.<br />
- **Expansive Lot**: Larger than surrounding properties, offering significant potential for future development or subdivision.<br />
- **Residential Zoning**: Currently configured with three separate units, ideal for multi-family living or rental income.<br />
- **Development Potential**: Explore the possibilities of adding more units or converting to a commercial multi-use space with appropriate rezoning.<br />
- **Prime Location**: Situated on the historic Old National Pike, providing easy access to major routes and <br />
local amenities.<br />
<br />
**Disclaimer** <br />
Property being sold As-Is, Where-Is. Sellers make no warranties. All information is to be verified through the buyer's due diligence. <br />
<br />
This property is a true investment in the future, whether you're looking to expand residential capacity or transform it into a bustling commercial hub. Don't miss out on this exceptional opportunity to own a piece of history with endless potential. Contact us today for more information and to schedule a viewing.<br />
<br />
*Keywords: Historic Toll House, Old National Pike, Residential Property, Development Opportunity, Subdividable Lot, Commercial Rezoning Potential, Multi-Unit Property, Investment Opportunity* |
MlsNumber: |
MDFR2048904 |
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Listing Provided By: |
R.E. Shilow Realty Investors, INC, original listing |
Name: |
R.E. Shilow Realty Investors, INC |
Phone: |
(410) 286-1348 |
Office Name: |
R.E. Shilow Realty Investors, Inc. |
Office Phone: |
(443) 602-9900 |
Agent Name: |
Ryan Shilow |
Disclaimer: |
Copyright © 2024 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. |