322 East Cecil Avenue North East, MD 21901

$899,500
8
Beds
5
Baths
0.38
Acres
2,984
SQFT
301
$/SQFT
$899,500
8
Beds
5
Baths
2,984   sf
$301 / sf
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This beautifully renovated triplex in North East presents a rare investment opportunity. Located at 322 E. Cecil Ave., the property has been meticulously updated from top to bottom, including all major mechanical systems, appliances, utilities, and interior finishes. It is truly turnkey and ready for immediate occupancy or rental, featuring high-end, durable finishes such as tile and quartz, a brand-new, property-wide fire sprinkler system and a Maryland Lead-Free Certificate. The lower level consists of two separate units, each offering 2 bedrooms, 1.5 bathrooms, a full kitchen, dining area, and living room. One of the lower units has been thoughtfully designed with accessibility features, including a step-free entry ramp, wider doorways, and 36-inch hallways. The upper unit, accessed by a private exterior rear staircase, features 4 bedrooms, 2 full bathrooms, a spacious eat-in kitchen, and a generous living room. Each unit is independently equipped with its own in-unit laundry, dedicated electrical meter/panel, and separate water heater and HVAC systems, providing convenience for tenants and simplified property management. Projected market rents are approximately $2,000 per month for each lower unit and $2,500 per month for the upper unit, generating an estimated gross monthly rental income of $6,500. Please contact the listing agent to learn more about available financing opportunities, including Debt Service Coverage Ratio (DSCR) loans and potential seller financing for qualified buyers.

This beautifully renovated triplex in North East presents a rare investment opportunity. Located at 322 E. Cecil Ave., the property has been meticulously updated from top to bottom, including all major mechanical systems, appliances, utilities, and interior finishes. It is truly turnkey and ready for immediate occupancy or rental, featuring high-end, durable finishes such as tile and quartz, a brand-new, property-wide fire sprinkler system and a Maryland Lead-Free Certificate. The lower level consists of two separate units, each offering 2 bedrooms, 1.5 bathrooms, a full kitchen, dining area, and living room. One of the lower units has been thoughtfully designed with accessibility features, including a step-free entry ramp, wider doorways, and 36-inch hallways. The upper unit, accessed by a private exterior rear staircase, features 4 bedrooms, 2 full bathrooms, a spacious eat-in kitchen, and a generous living room. Each unit is independently equipped with its own in-unit laundry, dedicated electrical meter/panel, and separate water heater and HVAC systems, providing convenience for tenants and simplified property management. Projected market rents are approximately $2,000 per month for each lower unit and $2,500 per month for the upper unit, generating an estimated gross monthly rental income of $6,500. Please contact the listing agent to learn more about available financing opportunities, including Debt Service Coverage Ratio (DSCR) loans and potential seller financing for qualified buyers.

  • Neighborhood
  • Type
  • Total Baths
  • 1/2 Baths
  • County
    Cecil
  • Tax Amount
    $4,735
  • Status
    Active
  • Listing #
    MDCC2021682
  • Built
    1920
  • Lot Size
    0.38
  • Listed on site
    30 days
  • Listing Agent Id
    300500322794

Listed by:
Integrity Real Estate

Source:
BRIGHT MLS

School Info

Property details

Community Features

  • No HOA
  • No Adult Community

Property Features

  • No Builder Restrictions

Exterior features

  • No Pool
  • Basement

Interior Features

  • Central Air Conditioning
  • Main Floor Bedroom

Style

  • Traditional
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