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$1,600,000
76 Days On Site

22108 Pegg Road
Lexington Park, MD 20653

For Sale|Commercial Sale|Pending
0
Beds
0
Full Baths
0
Partial Baths
11,008
SqFt
$145
/SqFt
1986
Built
Subdivision:
DAKOTA MANOR
County:
SAINT MARYS
Listing courtesy of CENTURY 21 New Millennium

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22108 Pegg Road22108 Pegg Road22108 Pegg Road22108 Pegg Road
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PORTFOLIO SALE! Attention investors and landlords: Don’t miss out on this incredible investment opportunity in Saint Mary's County, Maryland. This multi-dwelling package presents an excellent opportunity to expand your portfolio with nine residential townhome units. Each of the townhomes in this package have undergone several upgrades since 2019 which include kitchens, appliances, flooring, roof shingles and gutters, HVAC as well as rear decks on the Pegg Road units. The inclusion of washer and dryers in each unit adds convenience and value to both landlords and prospective tenants. The portfolio sale includes 22108 Pegg Rd, 22112 Pegg Rd, 22114 Pegg Rd, 22116 Pegg Rd, 22089 Spring Valley Dr, 22091 Spring Valley Dr, 22093 Spring Valley Dr, 22095 Spring Valley Dr and 22097 Spring Valley Dr. Currently all nine units are leased and tenant occupied providing immediate cash flow. All units are currently managed by a professional property management company ensuring a seamless transfer of ownership from a tenant perspective while sustaining efficient and hassle free operations. With an estimated fully occupied annual gross income of $162,000, these units offer a potential for stable and substantial rental income. There is no home owners association. The homes are located very close to NAS PAX with Pegg Road being directly across Three Notch Road from the Buse Rd Gate 1 base entrance. Easy access to major traffic arteries, Saint Mary’s County Public Transit and convenient to the many amenities offered by the Lexington Park area. This investment opportunity offers a strong rental market and the potential for long-term appreciation. Don't miss out on the chance to add these lucrative townhome units to your portfolio. Seller is offering the current ownership name and LLC in addition to the real property. Only serious purchasers please. Owner requires purchaser proof of funds prior to disturbing tenants with showing appointments.

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Listing Snapshot
Price 
$1,600,000
Days On Site 
76 Days
Bedrooms 
N/A
Inside Area (SqFt) 
11,008 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
1.05 Acres
Year Built 
1986
MLS® Number 
MDSM2021128
Status 
Pending
Property Tax 
$111,154
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 weeks agoListing updated with changes from the MLS®
4 weeks agoStatus changed to Pending
3 months agoListing first seen on site
General Features
Acres 
1.05
Sewer 
Public Sewer
SqFt Total 
11008
Water Source 
Public
Zoning 
Residential High Density
Interior Features
Appliances 
Electric Water Heater
Basement 
Crawl Space
Cooling 
Central Air
Heating 
Heat PumpForced AirCentralElectric
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Exterior Features
Roof 
AsphaltShingle
Listing courtesy of CENTURY 21 New Millennium



The real estate listing information is provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.

Neighborhood & Commute
Source: Walkscore
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