45835 Langley Park Way Lexington Park, MD $ 1,200,000
45835 Langley Park Way
$ 1,200,000
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45835 Langley Park Way

Lexington Park, MD, 20653
$ 1,200,000
Baths0.0

Monthly Estimate*

$ 7,976

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Studio

Commercial Property for sale in Lexington Park, MD

for $1,200,000. This building was built in 1983 on a lot size of 5.61.

This is an amazing investment opportunity! Five parcels sold as one to support an established waterfront mobile home park comprised of approximately 27.8 acres supporting 37 mobile homes with the potential of 38 rentals as one home is a duplex rental. So much earning potential here! Currently, 26 lots are rented, $300 per, 8 lots are rented, $350 per, and one trailer is the office that can be easily rented. Of the 37 rented lots 3 of the mobile homes will be yours and each rented between $500 - $600 per while the remainder are privately owned. From day one you'll have the potential to bring in existing rents for the mobile homes owned and the additional lot rents. Private well(s) and septics are included within the rent. Electric is by each home owner or tenant. Park covers snow removal and taxes. Call today for more information!

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Commercial Pending

Price

$ 1,200,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 12,547

Style

Mobile Home Park

Lot Size

5.61

Year Built

1983

Town/City

Lexington Park

County/Region

Saint Marys

MLS | Web ID

MDSM2010770

Features
Interior
Heating Fuel None
Hot Water Electric
Street Suffix WAY
Central Air Y/N N
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General
Sewer Private Septic Tank Septic Exists Community Septic Tank
Heating None
Cooling None
Utilities Electric Available Water Available Sewer Available
Possession Settlement
Zoning RPD
Construction Materials Mixed Modular/Manufactured
Year Built 1983
View River
Property SubType Mobile Home/Campgrounds
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel None
Business Type Mobile Home Park
Waterfront Features None
Accessibility None
County SAINT MARYS
New Construction N
Property Type Commercial Sale
Possible Use Mobile/Trailer Park
Water Access Y/N Y
Status PENDING
Directions Route 5 South. Right on Adkins Road. Drive to the end. 45835 Langley Park way is on the right.
City LEXINGTON PARK
Buyer Agent Compensation 3
Body of Water Saint Mary's River
Zoning Description Rural Preservation District (RPD); Resource Conservation Area (Critical Area).
Total Units 37
Lot Size Square Feet 244372.00
Waterfront Y/N Y
Street Name LANGLEY PARK
Tax Annual Amount 12547.0
Historic Y/N N
Lease Considered Y/N N
Vacation Rental Y/N N
Virtual Tour https://vimeo.com/783932449
Days on Market 456
Location Type Rural
Standard Status Pending
Year Built Source Estimated
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee N
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Exterior
Parking Features Unassigned
Lot Features Cleared Flood Plain Irregular Level Road Frontage Rural Tidal Wetland
Water Source Private/Community Water Well Well-Shared
Type of Parking Parking Lot
Park Name Langley Park
Water View Y/N Y
Building Area Total 0.00
Lot Size Acres 5.61
Road Surface Type Gravel
Water Body Type River
Lot Size Units Square Feet
Lot Size Source Assessor
Water Access Features Canoe/Kayak Boat - Powered Fishing Allowed
Road Responsibility Private
Number of Docks 0
Land Assessed Value 612200.00
Navigable Water Y/N Y
Water Oriented Y/N Y
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Internal Only
Street Number 1 45835
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* Excluded Features
List By
Berkshire Hathaway Homeservices Penfed Realty

Broker

helen.wernecke@penfedrealty.com

Email

Affordability Calculator

$9,021
Per Month
88%
12%
0%
Monthly Principal & Interest
$7,976
Monthly Property Taxes
$1,046
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/21/2023$1,200,000 -40.00% Price Down
1/9/2023$2,000,000 -42.86% Price Down
12/8/2022$3,500,000 Listed Price

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45835 Langley Park Way, Lexington Park, MD, 20653 is a Commercial Property for sale at $1,200,000 with a lot size of 5.61. 45835 Langley Park Way is a studio with 0.0 baths and was built in 1983. The property's zip code is 20653 which is in Lexington Park, MD