• 21 days on site
  • 14 views

List price to be opening bid at online auction. Auction to be held on the auctioneer's website/bidding platform. Bidding begins Saturday, April 5th & ends Thursday, April 11, 2024 at 2:00 pm. Exceptional opportunity to purchase a fully leased 19-Unit Apartment Complex in Easton. Recent improvements include: 11 units were recently renovated including new mini-split systems, kitchens, W/D hookups, appliances, Quartz counter-tops, bathrooms, lighting and freshly painted. Location: The town of Easton MD is the County Seat of Talbot County and is situated in the heart of the beautiful Eastern Shore. Easton has a rich colonial tradition, and 18th- and 19th-century architectural treasures define Easton's vivid history. Only a one-and-a-half-hour drive from both Baltimore and Washington DC or just a couple of hours from Philadelphia, make a day trip possible. Current Gross Monthly Scheduled Rent Of $26,690 Current Gross Annual Scheduled Rent Of $320,280. Unit Breakdown/Rent Roll: Apt 1, 1BR/1BA currently rented for $1,350/month. Apt 2, 2BR/1BA currently rented for $1,350/month. Apt 3, 2BR/1BA currently rented for $1,850/month. Apt 4, 2BR/1BA currently rented for $1,440/month. Apt 5, 2BR/1BA currently rented for $1,300/month. Apt 6, 1BR/1BA currently rented for $1,260/month. Apt 7, 1BR/1BA currently rented for $1,400/month. Apt 8, 1BR/1BA currently rented for $1,275/month. Apt 9, 2BR/1BA currently rented for $1,365/month. Apt 10, 1BR/1BA currently rented for $1,475/month. Apt 11, Studio, currently rented for $785/month. Apt 12, 1BR/1BA currently rented for $1,400/month. Cherry Street Townhouses: Apt 14, 2BR/1.5BA currently rented for $1,400/month. Apt 15, 2BR/1.5BA currently rented for $2,000/month. Apt 16, 2BR/1.5BA currently rented for $1,400/month. Apt 17, 2BR/1.5BA currently rented for $1,900/month. Apt 18, 2BR/1.5BA currently rented for $1,740/month. Apt 19, 2BR/1.5BA currently rented for $2,000/month. Select Annual Expenses: Taxes: $14,423, Insurance: $6,880 Oil: $7,900, Electricity: $2,770, Water and Sewer: $6,830, Management/Repairs: $5,200, Landscaping: $1,860. With a population of around 20,000 people, Easton is considered one of Maryland's top SMALL places to live. It is also considered the 'big city' of Talbot County because of its sophistication and vibrancy. Easton is at the heart of the Shore's arts and culture scene, as it is home to a prestigious theater, fantastic dining options, renowned art galleries and impeccably curated museums.

Listed by:

Alex Cooper Auctioneers, Inc.

Source: BRIGHT MLS, MLS#: MDTA2007464

  • Property Type
    CommercialSale
  • Lot
    1.01 Acres
  • Price / Sq Ft
    $71

Get in Contact

Would you like to know more about this property? We’re here to help! Let’s connect and find what you’re looking for.

Janet Larson
  • Median Age
    49
  • Population Density
    179
  • College Educated
    47%
  • Estimated Median Monthly Income
    $68,781
  • Estimated Total Home Owners
    6,877
  • Estimated Total Renters
    3,725
  • Owner / Renter Divide
    65% / 35%
  • Estimated Average Household Size
    2
  • Total Population
    23,338
  • Community data courtesy of LiveBy, Inc.

Owning this Home

$
$ %
%
*Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.

Life at 313 NORTH STREET


Schools

2
Easton Elementary
  • Grades: PK-5
  • Public
2
Easton Middle
  • Grades: 6-8
  • Public
1
Easton High
  • Grades: 9-12
  • Public
School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

History

Date Event Value Agent
3/22/2024Source: BRIGHT MLS Added to Database
March 22, 2024
8/10/2022Source: BRIGHT MLS Status Change
CLOSED
Coard Benson
Listing Agent
Coard Benson
Selling Agent
8/4/2022Source: BRIGHT MLS Added to Database
January 17, 2022
Coard Benson
Listing Agent
3/11/2022Source: BRIGHT MLS Status Change
PENDING
Coard Benson
Listing Agent
2/7/2022Source: BRIGHT MLS Status Change
ACTIVE UNDER CONTRACT
Coard Benson
Listing Agent