396 CYPRESS ST new to site

Millington,MD 21651

$ 420000

- Bed

- Bath

2762 SqFt


Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,762 sqft

Price per Sqft $152

Subdivision Millington

MLS Listing ID MDKE2005394

Style Traditional

Year Built 1920

Annual Tax Amount $2,284

Tax Year 2024

Lot Size 5,280 Sqft

Property Sub-Type Detached

Property Description

Investment Opportunity! If you are searching for an opportunity to start or relocate your business with rental potential to offset your mortgage, your search is over. Live in one area and rent out the other two!! This income producer is located in the heart of Millington at the main intersection. With its flexible zoning, the property is well-suited for a blend of commercial, retail, and residential purposes. The property currently has two occupied apartments - one is 2 bedrooms, and the other is 1 bedroom. The lower front area is an unoccupied prime retail space. Zoning allows retail, office, specialty shop, residential and more - see the town office for details! Walk to stores, restaurants, the supermarket, community pool, parks and more. The town is on the cusp of big growth w/many business opportunities! Seller has this adjacent vacant separately deeded lot included in this listing as one sale. Call to discuss separate purchasing. This lot is currently used for off street parking right on the corner. High traffic count as a main route to Delaware. *Please Note--It is the responsibility of the buyer and/or buyer's agent to perform their due diligence with the town and county to determine what uses are acceptable* Schedule your tour today.

Location

State MD

County Kent

Zoning C-1

Interior

Hot Water Electric

Heating Heat Pump(s)

Cooling Heat Pump(s)

Exterior

Water Access N

View Street

Building

Foundation Crawl Space

Sewer Public Sewer

Water Public

New Construction N

Schools

High Schools Kent County

School District Kent County Public Schools

Others

Special Listing Condition Standard

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