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$730,000
$1,200,000
39.2%For more information regarding the value of a property, please contact us for a free consultation.
45835 LANGLEY PARK WAY Lexington Park, MD 20653
5.61 Acres Lot
Key Details
Sold Price $730,000
Property Type Mobile Home
Sub Type Mobile Home/Campgrounds
Listing Status Sold
Purchase Type For Sale
MLS Listing ID MDSM2010770
Sold Date 06/05/24
Originating Board BRIGHT
Year Built 1983
Annual Tax Amount $12,547
Tax Year 2023
Lot Size 5.610 Acres
Acres 5.61
Property Description
This is an amazing investment opportunity! Five parcels sold as one to support an established waterfront mobile home park comprised of approximately 27.8 acres supporting 37 mobile homes with the potential of 38 rentals as one home is a duplex rental. So much earning potential here! Currently, 26 lots are rented, $300 per, 8 lots are rented, $350 per, and one trailer is the office that can be easily rented. Of the 37 rented lots 3 of the mobile homes will be yours and each rented between $500 - $600 per while the remainder are privately owned. From day one you'll have the potential to bring in existing rents for the mobile homes owned and the additional lot rents. Private well(s) and septics are included within the rent. Electric is by each home owner or tenant. Park covers snow removal and taxes. Call today for more information!
Location
State MD
County Saint Marys
Zoning RPD
Interior
Hot Water Electric
Heating None
Cooling None
Heat Source None
Exterior
Garage Spaces 50.0
Utilities Available Electric Available, Water Available, Sewer Available
Waterfront Y
Waterfront Description None
Water Access Y
Water Access Desc Canoe/Kayak,Boat - Powered,Fishing Allowed
View River
Street Surface Gravel
Accessibility None
Road Frontage Private
Parking Type Parking Lot
Total Parking Spaces 50
Garage N
Building
Lot Description Cleared, Flood Plain, Irregular, Level, Road Frontage, Rural, Tidal Wetland
Sewer Private Septic Tank, Septic Exists, Community Septic Tank
Water Private/Community Water, Well, Well-Shared
New Construction N
Schools
School District St. Mary'S County Public Schools
Others
Tax ID 1908028575
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Joe Casey • Taylor Properties