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41 Stemmers Run Rd
Essex, MD 21221
Townhomes at Rivers Crossing · Multifamily Property For Sale · 65 Units

INVESTMENT HIGHLIGHTS

  • Rare Middle-Market Opportunity to Acquire a Townhome Community in Essex
  • In-Place Assumable Debt with an Interest Rate of 5.31%
  • Ability to Substantially Increase Rents at Least 15%
  • Excellent Location in Baltimore County

PROPERTY FACTS

No. Units 65
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 3.77 AC
Building Size 50,596 SF
Average Occupancy 95%
No. Stories 2
Year Built 1971
Zoning DR-16, BL

AMENITIES

UNIT AMENITIES

  • Disposal
  • Kitchen
  • Refrigerator
  • Oven
  • Stainless Steel Appliances
  • Tub/Shower
  • Carpet
  • Dining Room
  • Vinyl Flooring

SITE AMENITIES

  • Clubhouse
  • Courtyard
  • Fitness Center
  • Laundry Facilities
  • Pet Play Area

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
15-1600000304
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$5,063,067
  • Listing ID: 35011876

  • Date on Market: 3/4/2025

  • Last Updated:

  • Address: 41 Stemmers Run Rd, Essex, MD 21221

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