Active

$300,000

Features:
  • 4 Bedrooms
  • 2 Bathrooms
  • 2292 sq ft
Overview
  • ID: MFRL4951112
  • Bedrooms: 4
  • Bathrooms: 2
  • Size: 2292 sq ft
Property Details
Remarks
BACK ACTIVE!! Contract fell apart!! 2 Single Family Homes - LIVE in 1 Unit & RENT the other. Great OPPORTUNITY to get started with homeownership AND in owning rentals in real estate!! Have the RENTAL INCOME PAY YOUR MORTGAGE OR ...add 2 more units in between and HAVE 4 UNITS!! (This will need approval by the city of Fort Meade.) There are 2 buildable lots between the 2 existing houses. See picture of how it can be divided. The 26 S.Lanier house takes up 2 of the 5 lots. This home is a wood frame 3/1 house with 1506 sf and a large 2 car garage. The roof is older, A/C 11/22, & sewer line replaced to city tap 2/16. Not sure about the year the wiring was updated, but is up to current code. The panel box is ear te A/C unit. Annual termite inspection under contract with ICI. Contract is transferrable. The OTHER UNIT - 9 SE 1st St. is a 1/1 block house with 788 sf. The roof was replaced in approximately 2018 or 2019. The utilities are metered separately for each dwelling. They have 2 different addresses. There has been no unpermitted work allowed. THIS PROPERTY IS ZONED COMMERCIAL C-2, but is currently used as Multiple Single Family Residential and GRANDFATHERED in. But could ALSO be an OPPORTUNITY to RUN A BUSINESS in 1 unit and live in the other one. OPTIONS!! Please check with The City of Fort Meade to understand what your options are with this property. THIS PROPERTY IS A GOLDEN OPPORTUNITY! Lots of Growth in Fort Meade: Culvers is currently under construction. Taco Bell and Domino's Pizza are also coming!
Financial Considerations
Price:
$300,000
HOA Fee:
N/A
Tax Amount:
$2445.98
Price per SqFt:
$130.89
Tax Legal Description:
NEWSOME & JOHNSON SUB PB 2 PG 53 LOTS 14 TO 18
Exterior Features
Lot Size:
24006
Lot Features:
City Limits
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
4
Bathrooms:
2
Heating:
Electric
Cooling:
Wall/Window Unit(s)
Appliances:
Electric Water Heater, Range
Furnished:
No
Floor:
Vinyl, Wood
Levels:
One
Additional Features
Property Sub Type:
Duplex
Style:
N/A
Year Built:
1947
Construction Type:
Block, Vinyl Siding, Frame
Garage Spaces:
Yes
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
Yes
Special Condition:
None
Additional Features:
Other
Additional Features 2:
N/A
Map
  • Address
    26 S LANIER AVE
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