$449,000
411 GOLDSBOROUGH STREET
EASTON, MD 21601
A TURNKEY EASTON INVESTMENT
Renovated Downtown Multifamily
An opportunity to acquire a recently renovated, income-producing two-unit property in the heart of historic Easton.
This stately circa-1890 Victorian combines historic architectural character with updated interiors and modern amenities. The approximately 1,504-square-foot building is situated on an approximately 6,250-square-foot lot with public utilities and valuable off-street parking.
Both apartments are currently leased, producing combined gross rental income of $2,900 per month — $34,800 annually.
Two Residential Units • Historic Easton • Off-Street Parking
PROPERTY HIGHLIGHTS
- Two residential apartments
- Recently renovated
- Updated kitchens and appliances
- Central heating and air conditioning
- In-unit laundry
- Hardwood flooring
- Separate entrances
- Public utilities
- Ample off-street parking
- Historic downtown Easton location
WHY 411 GOLDSROUGH ?
LOCATION: Convenient access to the restaurants, shops, galleries, professional services and cultural attractions of downtown Easton.
CONDITION: Recent renovations reduce many of the near-term capital concerns commonly associated with older investment properties.
INCOME: Both units are leased, providing an established income stream from the date of acquisition, subject to the existing leases.
SIMPLICITY: Two residential units provide multifamily income without the management complexity of a larger apartment property.
FLEXIBILITY: Historic residential character and a two-unit configuration provide potential long-term flexibility, subject to applicable zoning, Historic District requirements and governmental approvals.
Exclusively Offered by:
Hugh M. Smith
Broker/Owner
C: 443.786.1565 | O: 410.822.9000
Coldwell Banker Chesapeake
17 N. Harrison Street, Easton, MD 21601
www.cbchesapeake.com
