202 PARKWAY Overview
- Time on Site:
- 74 days
- Visits:
- 4
Outstanding opportunity to own a 6-unit brick apartment building in the highly desirable Elkton Heights neighborhood of Elkton, MD! This well-maintained, income-producing property offers a strong unit mix of four spacious 2-bedroom units and two 1-bedroom units, making it highly attractive to a wide range of tenants. The 2-bedroom units feature hardwood floors, full bathrooms, large family rooms, and separate dining rooms, along with the added bonus of front and rear deck entrances, providing excellent light, airflow, and tenant appeal. The 1-bedroom units also offer hardwood flooring, comfortable living spaces, and dining areas, creating functional and desirable layouts. Additional highlights include a large basement ideal for storage, and a 12-space private parking lot, a rare and valuable feature for multi-family properties in this area. Located in a high-demand rental market, this property delivers immediate income with strong long-term upside potential. Whether you're expanding your portfolio or acquiring a solid multi-family asset, this property checks all the boxes for cash flow, location, and tenant demand.
202 PARKWAY Facts & Features
- Type Commercial
- Sq. ft. 8,049
- Price/Sq.ft. $87
- Lot 0.43 Acres
Details
General
School Information
- Elementary School: GILPIN MANOR
- Middle Or Junior School: ELKTON
- High School: ELKTON
Listing Information
- Real Estate Owned: No
- Short Sale: No
Building Information
- New Construction: No
- Year Built: 1940
Business Information
- Business Type: Apartment Building
Location/Region
- Country: US
- County: CECIL
- County Or Parish: CECIL
- In City Limits: Yes
- Subdivision Name: ELKTON HEIGHTS
Parking Information
- Total Parking Spaces: 12
- Type of Parking: Parking Lot
Rent/Lease Information
- Lease Considered: No
Tax Information
- City/Town Tax: 2414.00
- City/Town Tax Payment Frequency: Annually
- County Tax: 4158.00
- County Tax Payment Frequency: Annually
- Tax Annual Amount: $6,633.00
- Tax Assessed Value: 440267.00
- Tax Year: 2025
General Information
- Property Condition: Good
- Property Sub Type: Five Or More Units
- Property Type: Commercial Sale
- School District Name: CECIL COUNTY PUBLIC SCHOOLS
- Special Listing Conditions: Standard
- Vacation Rental: No
- Year Assessed: 2026
- Zoning: R2
Unit Information
- Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6
Interior
Building Information
- Building Winterized: No
- Cooling Fuel: Electric
- Heating Fuel: Electric
- Total Drive In Doors: 0
Parking Information
- Garage: No
Building Interior
- Building Area Source: Assessor
- Building Area Total: 8049.00
- Central Air: No
- Hot Water: Natural Gas
General Information
- Accessibility Features: None
- Cooling: Ceiling Fan(s), Window Unit(s)
- Electric: 200+ Amp Service
- Flooring: Hardwood, Carpet, Vinyl
- Foundation Details: Block
- Internet Services: Cable
- Stories Total: 4
Exterior
Building Information
- Total Loading Docks: 0
Parking Information
- Parking Features: Paved Parking
Lot Information
- Lot Size Acres: 0.43
- Lot Size Source: Assessor
- Lot Size Square Feet: 18870.00
- Lot Size Units: Square Feet
- Road Responsibility: City/County
- Road Surface Type: Black Top
- Water Source: Public
Waterfront/View
- Water Oriented: No
- Water View: No
- Waterfront: No
Building Exterior/Construction
- Construction Materials: Brick
- Roof: Architectural Shingle
General Information
- Number Of Units Total: 6
- Sewer: Public Sewer
- Water Access: No
Unit Information
Unit 1 Details
- Unit Type: Unit 1
- Total Rent: 1300.00
- Description: Hardwood floor - 2 Bedrooms - Full Bathroom - Kitchen - Family Room - Dining Room
Unit 2 Details
- Unit Type: Unit 2
- Total Rent: 1275.00
- Description: Hardwood floor - 2 Bedrooms - Full Bathroom - Kitchen - Family Room - Dining Room
Unit 3 Details
- Unit Type: Unit 3
- Total Rent: 1300.00
- Description: Hardwood floor - 2 Bedrooms - Full Bathroom - Kitchen - Family Room - Dining Room
Unit 4 Details
- Unit Type: Unit 4
- Total Rent: 1300.00
- Description: Hardwood floor - 2 Bedrooms - Full Bathroom - Kitchen - Family Room - Dining Room
Unit 5 Details
- Unit Type: Unit 5
- Total Rent: 1100.00
- Description: Hardwood floor - 1 Bedrooms - Full Bathroom - Kitchen - Family Room - Dining Room
Unit 6 Details
- Unit Type: Unit 6
- Total Rent: 1150.00
- Description: Hardwood floor - 1 Bedrooms - Bathroom - Kitchen - Family Room - Dining Room
202 PARKWAY Neighborhood
Community
21921 (ELKTON) Demographics
202 PARKWAY Monthly Cost
202 PARKWAY Market Data
Based on the last 30 days in this zip code
202 PARKWAY History
| Date | Value | Agent |
|---|---|---|
| 4/24/2026Source: BRIGHT MLS | ACTIVE |
|
| 4/16/2026Source: BRIGHT MLS | April 16, 2026 |
Contact Information: [email protected] - 4102878080