This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
This Multifamily Property is no longer advertised on LoopNet.com.

4 Nicholson Dr
Pasadena, MD 21122
Nicholson Properties · Multifamily Property For Sale · 2 Units

Property Facts

No. Units 2
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 0.69 AC
Building Size 4,000 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1992/2000
Parking Ratio 2.25/1,000 SF
Zoning Multi-Dwelling - Property legally zoned as "Multi-dwelling" and transferable to Buyer. Property licensed by A A County for 2 apartments transferable to Buyer.

Amenities

Unit Amenities

  • Air Conditioning
  • Cable Ready
  • Storage Space
  • Washer/Dryer
  • Heating
  • Security System
  • Ceiling Fans
  • Tile Floors
  • Kitchen
  • High Speed Internet Access
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Views
  • Walk-In Closets
  • Carpet
  • Wi-Fi
  • Yard
  • Grill
  • Deck
  • Dock
  • Garden
  • Patio
  • Smoke Free
  • Vinyl Flooring
  • Wheelchair Accessible (Rooms)

Site Amenities

  • Waterfront

About 4 NICHOLSON DR , PASADENA, MD 21122

Rent Roll (effective 8/1/2023) as follows: Unit 4C $2,085/mo, Unit 4D $1,840/mo, Unit 4E $400/mo, Unit 4F $435/mo, Unit 4G $435/mo. Unit 4G1 and Conex occupied by Owner, Wet Boat Slip (not rented). Total rent revenue: $5,195/mo or $62,340/year. Property Tax (FY2023-2024) $5,266 includes AA County DPW Trash $760, HOA Fee $99 and MD Storm Water WPRF Fee $94. Other asset valuations include: upgraded private sewer system ($15,000), 24/7 video recording security system ($20,000), AA County DPW public water ($20,000), Legal Zoning (Multi-dwelling) ($15,000), Legal AA County License (MDL) ($10,000), masonry garage 1-story with full electric metered service ($125,000), Conex storage unit with concrete pad ($10,000). Property lot size is 17,882 SF and located above Flood Plan (no flood insurance required). Rental units occupied by tenants, no "Showings" without Buyer's proof of funds. This is a TURN-KEY rental business. Best method to contact Seller is email: rtwilley08@gmail.com, all calls go directly to Voice Mail. Attention Realtors - sales commission will be honored with acceptable Sales Agreement T&C's and please DO NOT CALL soliciting this listing. Property being sold "AS IS" condition. For skeptics, Home Warranty may be offered for small fee.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 2 - 642 - 988

Property Taxes

Property Taxes

Parcel Number
03-521-13563410
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$425,867
  • Listing ID: 29055260

  • Date on Market: 7/20/2023

  • Last Updated:

  • Address: 4 Nicholson Dr, Pasadena, MD 21122

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}