11959 Augustine Herman Highway
Kennedyville, MD 21645
MLS #KE9911657

  • 3units
  • 0.18acres
  • 4,360sq ft
Est. P&I payment: $874.62/mo
Description for 11959 Augustine Herman Highway, Kennedyville, MD 21645
Great investment opportunity! High visibility 3 unit multifamily/commercial building housing 2 large apartments & local post office. Large gravel topped parking area in rear. All electric/separately metered . Public water and sewer. Newly painted exterior. Apartments currently on month to month leases. Post Office on 5 yr. lease.
MLS #KE9911657
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My Notes for MLS #KE9911657

General Features

  • Property Type: Multi-Family
  • Type: Multi-Family
  • Year Built: 1920
  • Total Units: 3
  • Unit List: Two Bedroom
  • Two Bedroom Units: 2

Exterior Features

  • Exterior: Siding - Aluminum / Steel,​Wood
  • Exterior Features: Chain Link Fence,​Porch-front,​Sidewalks
  • Stories: 4
  • Handicap: None
  • Roof: Shingle - Asphalt
  • Exposure: Street
  • Lot AreaAcre: 0.183655
  • Lot Size Area: 8,000
  • Lot Dimensions: 162x50
  • Road Frontage: 50
  • Parking: Private 1-10 Spaces,​Unpaved,​Gravel Driveway
  • Water Front: N

Interior Features

  • Tax Total Living Area: 4,360
  • Basement: Y
  • Basement Entrance: Outside Entrance,​Side Entrance,​Cellar Entrance
  • Basement Type: Cellar,​Walkout Stairs,​Partial
  • Fireplaces: 2
  • Walls Ceilings: Dry Wall,​Plaster Walls
  • Windows Doors: Storm Windows,​Wood Frame

Utilities Features

  • Appliances: Oven / Range - Electric,​Refrigerator,​Washer,​Dryer
  • Cooling Fuel: Electric
  • Cooling: Wall Unit
  • Heating Fuel: Electric
  • Heating: Baseboard
  • Hot Water: Electric
  • Metering: Electricity is sep
  • Sewer Septic: Public Sewer
  • Water: Public

Financial Features

  • Total Taxes: 2,163.67
  • Total Taxes Payment Freq: Annually
  • County Tax: 2,163.67
  • County Tax Payment Freq: Annually
  • Tax Year: 2016
  • Improvement Assessment Amount: 98,600
  • Improvement Assmnt. Payment Freq: Annually
  • Land Assessment Amount: 92,200
  • Land Assessment Payment Freq: Annually
  • Total Assessment: 190,800
  • Total Assessment Payment Freq: Annually
  • Assessment Year: 2016
  • Property Net Operating Income: 21,462
  • Gross Income: 26,100
  • Expenses: 4,638
  • Monthly Gross Rent: 2,400
  • Vacancy Factor: 30
  • Additional Income Sources: Other
  • Owner Pays: Accounting/Legal,​Repairs and Maintenance,​Taxes-Real Estate,​Other,​Property Insurance
  • Two Bedroom Avg Rent: 850

Community Features

  • City: 10000059060
  • County: Kent
  • Subdivision: KENNEDYVILLE
  • HOA: N
  • Vacation Home: N
  • Amenities: Washer / Dryer Hookup,​Wood Floors

School Features

  • High School: KENT COUNTY

Misc Features

  • Auction: N
  • Foreclosure: N
  • Potential Short Sale: No
  • Tenancy: 3+ Year Lease(s),​Month-to-Month Lease(s),​Vacant
  • Property Condition: As-is condition
  • New Construction: N
  • Zoning Code: C-1


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The listing information for 11959 Augustine Herman Highway, Kennedyville, MD 21645 was graciously provided by our friends at the listing brokerage, Champion Realty, Inc.

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P&I Payment $874.62
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Last Updated 03/21/2018 at 6:20am
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