$435,000

3155-3161 CHURCH ST, Manchester, MD 21102

  • 2,448 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1870
  • Property Lot Size Icon0.55acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $178/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

List price to be opening bid at online only auction. Online auction to be conducted on Auctioneers website. Bidding begins Sunday, June 20 & ends Wednesday, June 25, 2025 at 2:00 PM. EXCEPTIONAL INVESTMENT: 4-UNIT RESIDENTIAL PROPERTY STEPS FROM DOWNTOWN MANCHESTER!Discover a fantastic income-generating opportunity with this well-maintained 2-story building, featuring four residential units on a generous 0.55-acre lot. Perfectly positioned just a block from the vibrant Main Street in historic Manchester, MD, this property offers both convenience and consistent returns.Building & Lot Details: • Total Above Grade Area: 2,448 +/- sq. ft. (per MD Dept. of Assessment & Taxation). • Current Gross Monthly Income: $4,875 – A solid return from day one! Apartment Features: • Unit 3155 (1 Bed/1 Bath): Welcoming living room, eat-in kitchen, and a charming covered porch. Currently month-to-month at $1,325/month. Central heat and air conditioning. Limited Lead Free Certificate. • Unit 3157 (1 Bed/1 Bath): Spacious living/dining combination, well-equipped kitchen, and a private deck for outdoor enjoyment. Features electric baseboard heat. Leased for $1,250/month, converting to month-to-month in September 2025. Lead free certificate. • Unit 3159 (1 Bed/1 Bath): Comfortable living room, functional kitchen, and its own deck. Features electric baseboard heat. Long-term tenant (since Feb. 1997) on a month-to-month lease at $1,200/month. Full Risk Reduction Lead certificate. • Unit 3161 (1 Bed/1 Bath): Bright living/dining area, practical kitchen, and a relaxing covered porch. Features oil baseboard heat paid by the tenant. Stable, long-term tenant (since Feb. 2005) on a month-to-month lease at $1,100/month. Full Risk Reduction Lead certificate. Investor Advantages & Property Amenities: • Low Owner Expenses: Tenants are responsible for their own electric, heat, and hot water. • Convenience: Ample on-site parking for residents. • Outdoor Space: Includes a nicely landscaped backyard, perfect for tenant enjoyment. • Extra Storage: Two separate storage buildings provide additional utility. The Manchester Appeal: Established in 1833 and home to over 5,000 residents, Manchester exudes a sought-after small-village charm. This property is within easy walking distance of Main Street's diverse restaurants, boutiques, and local businesses, making it highly attractive to tenants.

Listing Status:
Pending
Listing Office:
Alex Cooper Auctioneers, Inc. : 4108284838
Listing Agent:
Paul R Cooper : 4109774707
MLS ID:
MDCR2027880

This listing courtesy of Paul R Cooper, Alex Cooper Auctioneers, Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  â€ 
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

M

Manchester Elementary School

3224 York St, Manchester, MD, 21102

Grades PK-5

0.18 miles away

N

North Carroll Middle School

2401 Hanover Pike, Hampstead, MD, 21074

Grades 6-8

1.52 miles away

M

Manchester Valley High School

3300 Maple Grove Rd, Manchester, MD, 21102

Grades 9-12

0.52 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.