25930 Ridge Rd Damascus, MD 20872

Listing details for 25930 Ridge Rd, Damascus, MD 20872 : Incredible opportunity! LIVE IN ONE OR TWO UNITS & RENT OTHERS! LOCATION!! Cross-listed as Commercial MLS# MDMC2224808 5 Unit Brick Apartment Building on 1.3 acres of land! Five one bedroom/one bath units -- and a gorgeous setting that backs to parkland/forest conservation area. Income-producing property positioned on the Ridge Road corridor in Damascus, directly across from Damascus High School. One unit (Apartment 2) is occupied with a month-to-month tenant, but, others are not. The building is brick, 4,369total sq ft, with each unit separately metered with its own thermostat. Each unit is about 700-715 sq. ft. and has a large living room, bedroom, 8 1/2 ft ceilings, nice-sized kitchen with room for table/chairs, hardwood and an all-weather room/storage! Substantial paved rear parking area and private back yard. Live in one unit and rent the other four OR it's a perfect asset for any portfolio. Shared laundry space for tenants with new washer/dryer and plenty of extra storage space in lower level. Possibility exists for longer-term repositioning potential, future alternate-use / redevelopment upside with this location on this main corridor. Unit 2 is currently on a month-to-month lease and tenant would like to remain if buyer prefers . Damascus is centrally located between Baltimore and DC. Rare find! Cross-listed as Commercial MLS# MDMC2224808