$630,000
$679,000
7.2%For more information regarding the value of a property, please contact us for a free consultation.
4,870 SqFt
SOLD DATE : 10/15/2024
Key Details
Sold Price $630,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 4,870 sqft
Price per Sqft $129
MLS Listing ID MDCC2013202
Sold Date 10/15/24
Originating Board BRIGHT
Year Built 1902
Annual Tax Amount $794
Tax Year 2023
Lot Size 0.290 Acres
Acres 0.29
Property Description
Marigold Manor is a beautiful, historically correct Victorian with a stunning display of Steamboat Gothic Gingerbread built in 1902. She is brimming with original Port Deposit Granite throughout her construction. This gorgeous home is in the historic district of Port Deposit and is Zoned Commercial/Residential, allowing for mixed-use. This five-bedroom, three-full, and one-half-bath home with 3,288 square feet is currently split into three income-producing short-term rental units plus a small retail space. Additionally, there is a separate accessory building in the rear, also used for short-term rentals, which has 2-3 bedroom spaces and a full bath. This property also includes a separate lot that provides ample parking for multiple guests. THE SUNNYSIDE APARTMENT. The entrance to this space is on the rear of the property with a large private deck. This space includes an enclosed porch with slate flooring, a full kitchen with a gas stove, dishwasher, refrigerator, stainless double sink, tile flooring, a full bath, laundry, and one spacious bedroom with original picture rail molding. THE KINGS QUARTERS. The entrance to this space is at the front of the home. It includes a private porch, a lovely living space with bamboo floors, an original Port Deposit Granite Fireplace with gas insert, built-in shelving, a kitchenette, gorgeous wood paneled stairs up to 2nd level bedroom, and one full bathroom with laundry. This level has access to a third level that offers two bedrooms, currently being used for storage, and a small attic. THE QUEEN SUITE. The entrance to this space is on the rear right end of the home, upstairs to a private composite porch. This space includes a living room, electric fireplace, kitchenette, hardwood flooring, a bedroom with wainscoting and crown molding, and a spacious bathroom suite with marble tile and a separate tub. THE GIFT SHOP. The gift shop is a petit commercial space with easy access from the front street with a ½ bath and hardwood flooring. THE COTTAGE. This detached accessory unit with 1,582 Sq feet was previously the “Bees Nest Bar” and was a fully functioning commercial space. This renovated unit is currently used for short-term rentals. It has a living room, spacious galley kitchen with electric Stove, dishwasher, tile flooring, gas fireplace, a flex bedroom space on the main level, and two bedrooms upstairs. This space also has the original walk-in commercial cooler, a mudroom area, and a steam washer/dryer combo; this space is wheelchair accessible and includes a fully fenced backyard. Central Air & Heat Pump with electric water heater and 200 amp electrical panel. MARIGOLD MANOR DETAILS. The main house, “Marigold Manor,” and the “Cottage” have separate electricity but share the water bill. The outdoor space is lovely with large green arbor trees, honeysuckle, a granite stone patio, a firepit, and ample parking. The main house's heat is boiler hot water heat with multiple A/C units provided, with a 200 Amp electrical panel and a subpanel. See the detailed inventory list. The sale also includes a transferable home warranty. This property is a TURN KEY sale, including ALL FURNISHING and everything needed to continue running the current Air B & B's. All units have a 5-star rating with Air B & B, the seller has been a Super Host for 5 years, and all units are in their "guest favorite category" out of 2 million.
Location
State MD
County Cecil
Zoning COMMERCIAL/RESIDENTIAL
Interior
Hot Water Electric
Heating Baseboard - Hot Water, Heat Pump(s)
Cooling Ceiling Fan(s), Central A/C, Window Unit(s)
Flooring Bamboo, Slate, Tile/Brick, Wood
Heat Source Oil
Exterior
Garage Spaces 6.0
Water Access Y
Water Access Desc Public Access
Roof Type Asphalt
Accessibility Other
Total Parking Spaces 6
Garage N
Building
Foundation Stone
Sewer Public Sewer
Water Public
New Construction N
Schools
Elementary Schools Bainbridge
Middle Schools Perryville
High Schools Perryville
School District Cecil County Public Schools
Others
Tax ID 0807015283
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
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Bought with Jacob D. Fisher • Hostetter Realty