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11023 Old Mount Savage Rd Nw

$176,970

11023 Old Mount Savage Rd Nw, La Vale, MD 21502

Active
Last Updated: 09/28/2025

7

Cap Rate

3,154 sqft

Building Size

Details:
Cap Rate:    7%
Building Size:    3,154 sqft
Year Built:    1920
Price Per Sqft:    $56.11
Zoning:    R
Roof:    Architectural Shingle
Highlights:
  • Days on Market: 118
  • Parking Features: Private, Paved Parking
  • Heating: Baseboard - Electric
Description:

Front Yard, Landscaping, SideYard(s), Rear Yard

Calling all investors! This fully leased 5-unit property is a rare find at under $200K—featuring four spacious 2-bedroom, 1-bath units in the main building plus a charming 2-bedroom carriage house in the rear. With strong, steady rental income and mostly long-term tenants on flexible month-to-month leases, this property is already working for you. Each unit offers its own kitchen, comfortable living space, and classic charm with plenty of potential to increase rents and maximize value. Recent upgrades include a brand-new roof on the main building (August 2024) and a newer roof on the carriage house (May 2021). Whether you're looking to expand your portfolio or dive into multi-family investing, this is a prime opportunity with built-in upside. Don’t miss out!

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