Skip To Content

131 E Main Street

ELKTON, MD 21921
  • $649,000
  • STATUS: Active
  • ON SITE: 110 Days
  • ID#: MDCC2000512
UPDATED: 24 min ago
$649,000
  • 0
    BEDS
  • 0.41
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1950
County:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

A wonderful income earning opportunity! Located on Main Street in downtown Elkton, this historical property "The Mitchell House" with RO/Commercial zoning is just steps away from the courthouses, shops and restaurants of downtown Elkton. The main building, built in 1769, has been well maintained with plenty of old world charm, and was previously utilized as successful law office and wedding venue. Offering 4 spacious rooms, a full kitchen and full bath, with details that include 2 decorative fireplaces, hardwood flooring, original crown molding, high ceilings, and tons of shelving for storage. The second level features 2 separate apartments, one a 2 bedroom/1 bath and the second a 1 bedroom/1 bath, both with exterior access. Located behind the main building is a former "carriage house", which has been converted into a third apartment (3 bedroom, 1 1/2 bath), and features a new roof (2020), new windows and flooring, as well as a HVAC system added in 2019. A third residential building in the rear of the property offers 2 additional apartments (1 bedroom/1 bath and 2 bedroom/1 bath units) and includes separate metering, (2 HVAC units) and a new roof which was added in 2020. All apartments are currently rented, with parking (18-19 spots) conveniently located in the rear of the main building. So much versatility, plus apartment rental income! If you are searching for an opportunity to start or relocate your current business, and earn income to offset your mortgage, your search is over....131 E Main Street, Elkton...your business dream awaits!!!

Monthly Payment Calculator



©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use 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 may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Vashist Group | Keller Williams Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-12-06T14:55:06.293.
www.teamrajeev.com/homes/120567993
Print Image

131 E Main Street ELKTON, MD 21921

  • Price: $649,000
  • Status: Active
  • On Site: 110 Days
  • Updated: 24 min ago
  • ID#: MDCC2000512
0
Beds
0
Baths
0
½ Baths
0.41
Acres
1950
Built
County:
Cecil
Elementary School:
Thomson Estates
Middle School:
Elkton
High School:
Elkton
School District:
Cecil County Public Schools
Property Description
A wonderful income earning opportunity! Located on Main Street in downtown Elkton, this historical property "The Mitchell House" with RO/Commercial zoning is just steps away from the courthouses, shops and restaurants of downtown Elkton. The main building, built in 1769, has been well maintained with plenty of old world charm, and was previously utilized as successful law office and wedding venue. Offering 4 spacious rooms, a full kitchen and full bath, with details that include 2 decorative fireplaces, hardwood flooring, original crown molding, high ceilings, and tons of shelving for storage. The second level features 2 separate apartments, one a 2 bedroom/1 bath and the second a 1 bedroom/1 bath, both with exterior access. Located behind the main building is a former "carriage house", which has been converted into a third apartment (3 bedroom, 1 1/2 bath), and features a new roof (2020), new windows and flooring, as well as a HVAC system added in 2019. A third residential building in the rear of the property offers 2 additional apartments (1 bedroom/1 bath and 2 bedroom/1 bath units) and includes separate metering, (2 HVAC units) and a new roof which was added in 2020. All apartments are currently rented, with parking (18-19 spots) conveniently located in the rear of the main building. So much versatility, plus apartment rental income! If you are searching for an opportunity to start or relocate your current business, and earn income to offset your mortgage, your search is over....131 E Main Street, Elkton...your business dream awaits!!!
Exterior Features

Construction Materials StuccoBrick Door Features Storm Garage YN No Location Type Downtown Parking Features Paved Parking Parking Types Parking Lot Riparian Rights YN No Road Responsibility City/County Road Surface Type Paved Roof SlateArchitectural Shingle Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 7024.00 Cooling Central A/CHeat Pump(S) Flooring HardwoodCarpet Heating Heat Pump(S)Hot Water Heating YN Yes Net Square Feet 10677.00

Property Features

Acceptable Financing CashConventional Accessibility Features None Assessment Year 2021 Association YN No Business Type Professional Central Air YN Yes Cooling Fuel Electric Heating Fuel ElectricOil Historic YN No Hot Water Electric Internet Services Cable Lease Considered YN No Municipality Elkton Navigable Water YN N New Construction YN No Number Of Units Total 3 Original MLSNumber 800848899958 Ownership Interest Fee Simple Possession Settlement Property Sub Type Mixed Use Sale Type Standard Sewer Public Sewer Tax Annual Amount 9125.00 Tax Assessment Amount 516500.00 Utilities Cable Tv Available Vacation Rental YN No Water Source Public Zoning Ro

Listing courtesy of Re/Max Chesapeake.


©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use 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 may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Vashist Group | Keller Williams Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-12-06T14:55:06.293.
 
https://bt-photos.global.ssl.fastly.net/brightmls/orig_boomver_1_800848899958-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/orig_boomver_1_800848899958-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/orig_boomver_1_800848899958-2.jpg
Logo
The Vashist Group | Keller Williams Realty
20130 Lakeview Center Plaza #110
Ashburn VA, 20147