151 Riviera Dr 0.21 Acres of Commercial Land Offered at $599,000 in Pasadena, MD 21122

Unique situation for this multi dwelling, property has potential to become income producing....2 of the existing tenants have been privileged to the generosity of the landlord and are on a month to month lease and are prepared to vacate. Tenant in unit B pays $1,150.00 a month (paying below market rent) and has lease in place until end of 2026. Notice has been served to all tenants. Showings M-F are to be after 3:45PM please allow 2 hour notice
Riviera Beach Multi-Unit Opportunity Location says it all!
This licensed three-unit property sits on a fenced corner lot just off the main street in the heart of Riviera Beach. Conveniently located two blocks from the bus stop and within walking distance to grocery stores, convenience stores, restaurants, and more. Unit Details: *Main Level Unit A: 1 bedroom, kitchen, living room, and full bath *Main Level Unit B: 2 bedrooms, kitchen, dining room, living room, full bath, and laundry area * Upper Level Unit C: 1 bedroom, kitchen/dining combination, living room, and full bath Each unit includes ceiling fans, air conditioning, and has separate operation and lead inspection certification. An excellent investment opportunity to own an income-producing property in a desirable water-privileged community offering a sandy beach, boat ramp, pier, community parks, walking paths, schools, and churches. Long term tenant in Unit C, although month to month
Unit A - 2 bedroom: market rent $2,000.00
Unit B - 1 bedroom: marker rent at $1,600.00
Unit C - 1 bedroom: market rent at $1,600.00
There is a detached garage on property, unit C currently uses garage, could potentially be income producing