53 Maryland Avenue

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53 Maryland Avenue

Annapolis, MD 21401
Asking Price
$2.10M
Asset Type
Storefront Retail
Class
Class B

What's Special

Retail | 4,800 SqFt <ul><li>​Mixed Use Building - First floor retail with Second Floor Residential</li><li>​Constructed in 1920</li><li>​Ongoing rehab since 1970 including work done by local award winning builder</li><li>​Owner user and or investor play</li><li>​Potential for Preservation Tax Credits</li></ul>

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NOI
$80,000
Cap Rate
3.80%
DSCR
0.64
Underwater
Cash-on-Cash
-7.12%
Monthly Payment
$10,409.691
Annual Cash Flow
$-44,916.297

Location & Travel Times