3155-3161 Church Street

Listing provided courtesy of: Alex Cooper Auctioneers, Inc.

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.

• Features:

  On Street Public Sewer

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