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Saturday, June 21, 2008
New Listing! 115 Alderson St, Loch Lynn
Great value! Over 7,200 sq ft of potential. The building is in need of remodeling and a little TLC. If rehabbing is your forte, this may be an incredible project for you. Hardwood floors, beautiful stained glass windows, native stone exterior and turn of the century architecture adorn this remodeled Church.
Plenty of room (3,800 sq ft unfinished) to build your own custom living area, while renting out the 3 apartments currently on site. Let the tenants pay the rent. Income is currently $1,400/mth. There is also a possibility of adding up to 4 more apartments and even more income. Or, run your business from the commercial storefront. Get you creative juices flowing!
Structure sits on a 1/4 acre town lot, with public water and sewer. Loch Lynn just installed new sewer lines, as well. Any and all upgrades, of course, will be subject to prior approval from Garrett County zoning and/or the town of Loch Lynn. Owner claims property is grandfathered, but that needs to be confirmed. Commercial tenant is moving out within a week or two.
Here is an exterior photo gallery.
If you are thinking of buying or selling real estate in Garrett County or Deep Creek Lake, Maryland, call Jay Ferguson for all of your real estate needs!
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