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$1,600,000
Listing Price--beds
1.5baths
1,280sqft
4,277sqft lot
22108 Pegg Rd, Lexington Park, MD 20653
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Full foreclosure details
Home value, equity and ownership info
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For Sale
Off Market
Home type
Price / sqft
Year built
Home Details
PORTFOLIO SALE! Attention investors and landlords: Dont 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. Currently all nine units are leased and tenant occupied providing immediate cash flow (UPDATE: 22108 Pegg went vacant as of 10/8, now being readied to list for rent). 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 Marys 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
Interior Details
1280
N/A
1.5
Has Heating:
Yes
Heating Type:
Heat Pump
Has Cooling:
Yes
Cooling Type:
N/A
Has Fuel:
No
Fuel Type:
N/A
Has Basement:
No
Basement Type:
No Basement
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
4277
No
No
Type:
N/A
Location:
N/A
Status:
N/A
Number of Spaces:
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Construction Details
Townhouse
N/A
N/A
N/A
Composition Shingle
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2021
$1,268
$35,000
$76,100
--%
$111,100
2020
$1,252
$0
$0
--%
$109,700
2019
$1,235
$0
$0
--%
$108,300
2018
$1,195
$35,000
$71,900
--%
$106,900
2017
$1,200
$35,000
$71,900
--%
$106,900
2015
$1,138
$35,000
$73,200
--%
$108,200
2014
$1,198
$35,000
$73,200
--%
$108,200
2012
$1,198
$0
$0
--%
$108,200
Average Home Price in 20653
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