About 11023 Old Mount Savage Rd Nw
Calling all investors! This fully leased 5-unit property is a rare find at under $200K—featuring four spacious 2-bedroom, 1-bath units in the main building plus a charming 2-bedroom carriage house in the rear. With strong, steady rental income and mostly long-term tenants on flexible month-to-month leases, this property is already working for you. Each unit offers its own kitchen, comfortable living space, and classic charm with plenty of potential to increase rents and maximize value. Recent upgrades include a brand-new roof on the main building (August 2024) and a newer roof on the carriage house (May 2021). Whether you're looking to expand your portfolio or dive into multi-family investing, this is a prime opportunity with built-in upside. Don’t miss out!
Features of 11023 Old Mount Savage Rd Nw
| MLS® # | MDAL2011920 |
|---|---|
| Price | $176,970 |
| Bathrooms | 0.00 |
| Square Footage | 3,154 |
| Acres | 0.41 |
| Year Built | 1920 |
| Type | Commercial Sale |
| Sub-Type | Five Or More Units |
| Status | Active |
Community Information
| Address | 11023 Old Mount Savage Rd Nw |
|---|---|
| Area | LaVale - Allegany County (MDAL4) |
| City | LAVALE |
| County | ALLEGANY-MD |
| State | MD |
| Zip Code | 21502 |
Amenities
| Parking | Private, Paved Parking |
|---|---|
| View | Garden/Lawn, Mountain, Trees/Woods |
| Is Waterfront | No |
Interior
| Heating | Baseboard - Electric |
|---|---|
| Cooling | Ceiling Fan(s), Window Unit(s) |
| Has Basement | No |
| Fireplace | No |
Exterior
| Exterior | Alum/Steel Siding |
|---|---|
| Lot Description | Front Yard, Landscaping, SideYard(s), Rear Yard |
| Roof | Architectural Shingle |
| Foundation | Permanent |
School Information
| District | ALLEGANY COUNTY PUBLIC SCHOOLS |
|---|---|
| Elementary | CASH VALLEY |
| Middle | BRADDOCK |
| High | ALLEGANY |
Additional Information
| Date Listed | June 3rd, 2025 |
|---|---|
| Days on Market | 132 |
| Zoning | R |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Keller Williams Realty |
|---|---|
| Contact Info | (703) 679-1700 |