1106 Beach Promenade

Highlights:

• Days on Market: 6
• Heating: Radiator

Description:

GUIDED TOUR MONDAY DECEMBER 1ST @ 12:00 PM
List price is Opening Bid At The Online Only Auction Sale. Auction to be conducted on Auctioneers website. Bidding begins Saturday, Decmber 29th and ends Thursday December 4, 2025 at 12:00PM. Exceptional non-riparian waterfront multi-family investment featuring two buildings with five fully leased rental units generating over $82,000± in annual income. This well-maintained property offers a strong rental history, a new 2024 roof with transferable warranty, and waterviews on Stoney Creek in the desirable Orchard Beach community. The property includes three units in the main house and two units in the smaller house, all with long-term tenants and leases extending through 2026. Units feature a mix of two-bedroom and one-bedroom layouts, each producing steady income. The total living area is approximately 3,445 sq. ft.± on a 0.28± acre lot with ample off-street parking for six vehicles. Owner-paid utilities include water, electric, and oil for the main house and water for the small house; tenants cover propane and other utilities. Conveniently located near Pasadena, Glen Burnie, Baltimore, and Annapolis, this property presents a rare opportunity to acquire a stable, income-producing investment in a sought-after location.

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Listing ID: 804305477024