248 Us Rt 40
Hancock, MD 21750
MLS #WA9941653

  • 4units
  • 0.31acres
  • 5,237sq ft
Est. P&I payment: $820.77/mo
Description for 248 Us Rt 40, Hancock, MD 21750
3 residential 2 bedrm rental units plus the commercial building. Excellent condition w/newer roofs, oil boiler & heat pump.The commercial or retail building is approx. 1570 sq. ft. w/ small kit., 3 storage rms, waiting area, 4-5 offices;2 entr; 2 handicap 1/2 baths, fiber optic cable for high speed internet & has separate water & electric. PLUS 16 parking spaces
MLS #WA9941653
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My Notes for MLS #WA9941653

General Features

  • Property Type: Multi-Family
  • Type: Multi-Family
  • Year Built: 1962
  • Total Units: 4
  • Two Bedroom Units: 3

Exterior Features

  • Exterior: Siding - Aluminum / Steel
  • Stories: 2
  • Handicap: None
  • Roof: Metal,​Rubber
  • Lot AreaAcre: 0.305992
  • Lot Size Area: 13,329
  • Parking: Free,​Paved Driveway,​Private 11+ Spaces
  • Water Front: N

Interior Features

  • Tax Total Living Area: 5,237
  • Basement: N

Utilities Features

  • Cooling Fuel: Electric
  • Cooling: Heat Pump(s)
  • Heating Fuel: Oil
  • Heating: Heat Pump(s),​Forced Air
  • Hot Water: Electric
  • Sewer Septic: Public Sewer
  • Water: Public

Financial Features

  • Total Taxes: 3,264.05
  • Total Taxes Payment Freq: Annually
  • City Town Tax: 1,166.53
  • City Town Tax Payment Freq: Annually
  • County Tax: 2,097.51
  • County Tax Payment Freq: Annually
  • Tax Year: 2016
  • Improvement Assessment Amount: 145,200
  • Improvement Assmnt. Payment Freq: Annually
  • Land Assessment Amount: 80,000
  • Land Assessment Payment Freq: Annually
  • Total Assessment: 225,200
  • Total Assessment Payment Freq: Annually
  • Assessment Year: 2017
  • Expenses: 6,244
  • Monthly Gross Rent: 1,500
  • Vacancy Factor: 1
  • Additional Income Sources: Professional Offices

Community Features

School Features

  • Elementary School: HANCOCK
  • High School: HANCOCK
  • Middle School: HANCOCK

Misc Features

  • Auction: N
  • Foreclosure: N
  • Potential Short Sale: No
  • Tenancy: Lease terms Mixed
  • Property Condition: Shows Well
  • New Construction: N
  • Year Renovated: 1993
  • Zoning Code: U


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The listing information for 248 Us Rt 40, Hancock, MD 21750 was graciously provided by our friends at the listing brokerage, Coldwell Banker Innovations

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Last Updated 04/25/2018 at 9:03pm
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