For Sale: $250000, 1729, 1725 and 1723 CAPE HORN RD,HAMPSTEAD,MD,21074,CARROLL MLS: MDCR2027878

1729, 1725 and 1723 CAPE HORN RD,HAMPSTEAD,MD,21074,CARROLL - 250000

MDCR2027878

For Sale: 1729, 1725 AND 1723 CAPE HORN RD, HAMPSTEAD, MD, 21074

5
Beds
3.
Bath
$250,000
Price
2557 Sq. ftLiving Area

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 1:00 PM. Three Detached Rental Houses in Hampstead, Carroll County, **Potential Gross Annual Scheduled Rent of $68,148** 1723-1729 Cape Horn Rd. Hampstead, MD 21074. Discover a unique investment in the serene Carroll County countryside. This expansive 0.655-acre lot features three detached, income-producing houses, offering immediate rental revenue and future potential. Enjoy picturesque rural vistas while benefiting from a strategic location just minutes west of historic Hampstead, Maryland. Property Highlights:
• Three Distinct Rental Units: A diverse portfolio on one property. • Tenant-Paid Utilities: Electric, heat, and hot water are covered by tenants, minimizing owner expenses. • Self-Sufficient Utilities: Serviced by a private well and septic system. • Desirable Rural Setting: Offers a peaceful environment with beautiful views. • Convenient Location: Situated near Route 30, providing easy access to Hampstead's amenities, Reisterstown, and southern Pennsylvania. The area blends rural charm with ample commercial conveniences. Unit Details: • 1723 Cape Horn: This charming one-story home features a living room, eat-in kitchen, one bedroom, and one bathroom. Currently on a month-to-month lease at $1,325, with the potential to adjust to market rent. Equipped with central air conditioning. • 1725 Cape Horn: A comfortable one-story residence offering a living room, eat-in kitchen, two bedrooms, and one bathroom. This home is believed to have been built in the 1950s and comes with a lead-free certificate. The current lease of $1,825 converts to month-to-month on August 1st. Includes central air conditioning. • 1729 Cape Horn: This spacious one-story house includes a living room, kitchen, two bedrooms, and one bathroom. A key feature is its full, unfinished basement with convenient rear access, offering significant storage or potential for future finishing. This unit will be vacant in August, presenting an estimated fair market rent of $2,529 per month. Includes central air conditioning. (The two homes at 1723 and 1729 are believed to have been built in the 1980s). Neighborhood Charm: Nestled near Hampstead, a town established in 1888, the property benefits from a rich local history and a vibrant community. Route 30 provides a direct link to essential services and a variety of businesses catering to local residents, ensuring a blend of tranquil country living with everyday convenience. This property presents a compelling opportunity for investors seeking steady rental income and for those desiring a multi-dwelling setup in a scenic and accessible location. Don't miss the chance to capitalize on this versatile real estate offering.

Status: Active
MLS #: MDCR2027878
Days On Market: 26
Taxes: $3940 / 2024
Property Type: Residential
Year Built: 1954
Lot Size: 0.65 / 28531
InteriorFeatures:
Courtesy of: Alex Cooper Auctioneers, Inc.