8340 Langmaid Road

For Sale

8340 Langmaid Road, Newark, MD 21841

This Newark property for sale is located at 8340 Langmaid Road. The current listed sale price for 8340 Langmaid Road is $785,000.

Contacts

broker
Bret Davis

KW - Bret Davis - Ocean City

Property Details

  • Property Type Multi-Family
  • Property Size 4,736 SF
  • Units 4
  • Additional Rent Contact for pricing
  • Property Tenancy Multi-Tenant
  • Year Built 1986
  • Year Renovated 2022
  • Date Updated Dec 11, 2024
Heading Down Rt50 East towards Ocean City. Take the Ramp onto Rt113 South. In roughly 9 miles turn Right onto Langmaid Rd. Property will be on the left.A four unit apartment building that’s been newly renovated inside and out. You can’t lay your eyes on anything here that isn’t less than a year old. Roof, siding, garage doors, Kitchen, bathroom, interior trim, granite countertops, stainless steel appliances, LVP flooring throughout. 100% leased with great cash flow. This building is located less than 7 miles from Berlin and slightly over 8 miles from Snow Hill straight down Rt113. Both towns have seen major population increases and rental price increases over the last few years. Demand is strong in this area so income will stay consistent for years to come!
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Highlights

  • -City Water/Sewer
  • -Four Units at 2br/1ba with Garage
  • -Single Story
  • -Paved Parking
  • -$76,800 Annual Gross Income

Getting around

  • 6/100

    Walk Score ®

  • 27/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Newark, MD
  • Zip Code 21841

Points of Interest

  • Sunoco

    0.14 miles

  • Duck In II

    6.46 miles

  • Valero

    6.67 miles

  • Exxon

    7.18 miles

  • Food Rite

    7.26 miles

  • Shell

    7.26 miles

  • Cropper OIl & Gas

    8.17 miles

  • Kaddy Mart

    8.24 miles

  • Royal Farms

    8.39 miles

  • Ranger Station Car Parking

    8.08 miles

  • Main Beach Parking Lot

    8.20 miles

  • Youth Camp Area Parking

    8.27 miles

  • Atlantic Hotel

    6.41 miles

  • Holland House Bed and Breakfast Inn

    6.46 miles

  • Sun Outdoors Ocean City Gateway

    9.39 miles

  • Food Lion

    7.19 miles

  • Save-A-Lot

    7.92 miles

  • Camp Store & Cantina

    8.37 miles

  • Walmart Supercenter

    9.23 miles

  • ALDI

    9.25 miles

  • Ross

    9.26 miles

In-Depth Research Available for this Property

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Contact Listing Broker
broker
Bret Davis

KW - Bret Davis - Ocean City