Sold
Last Sold Price
7 beds5 baths4,855 sqft

121 Chesapeake Beach Rd, Owings, MD 20736

Multi FamilyProperty Type
0.58 acresLot Size
1930Year Built
$163/sq ftPrice per sq ft

Description

Fully rented income producing 5 Unit multi-family property in an excellent location on Rt. 260 in Owings. The property is in the Owings Town Center "Core District". Units have upgraded finishes, vinyl siding, HVAC & the roof is less than 3 years old. Plenty of on-site parking. There is a 6th Unit that is rented as garage space. Seller also has 2 other multi-family properties listed (Owings, Chesapeake Beach). Do not disturb the tenants. Please contact listing agent to arrange showings or with questions.Fully rented income producing 5 Unit multi-family property in an excellent location on Rt. 260 in Owings. The property is in the Owings Town Center "Core District". Units have upgraded finishes, vinyl siding, HVAC & the roof is less than 3 years old. Plenty of on-site parking. There is a 6th Unit that is rented as garage space. Seller also has 2 other multi-family properties listed (Owings, Chesapeake Beach). Do not disturb the tenants. Please contact listing agent to arrange showings or with questions.
  • Listed by: Christopher Underwood 301.821.7900 cunderwood32@yahoo.com • Curtis Real Estate Company
  • Listed by: Rene Geist 443.223.1317 rlgeist@hotmail.com • Curtis Real Estate Company
Listing closed: 12/15/2022 12:00 AM • Source: BRIGHT, MLS#: MDCA2008812
See It First™ on Compass

Find homes before they're listed on other real estate sites.

Start your search

Location

Listing Courtesy of Curtis Real Estate Company

Sold By O Brien Realty, Inc.

Add your commute
Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$4,710 per month

30 year fixed, 7.03% Interest

Principal and Interest

$4,217

Property Taxes

$492

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.
Know your buying power with a preapproval and custom rate in minutes
Rocket Mortgage1

Property Information for 121 Chesapeake Beach Road

Property Details

  • Taxes: $5,905 / year
  • MLS Type: Multi-Family / Fee Simple
  • Tax ID Number: 0503007774
  • Ownership: Fee Simple
  • Structure Type: Detached
  • Style: Colonial
  • Waterfront: No
  • Garage: No
  • Central Air: No
  • Basement: No
  • Above Grade Finished SQFT: 4,855.00
  • Above Grade Fin SQFT Source: Estimated
  • Below Grade Finished SQFT: .00
  • Below Grade Fin SQFT Source: Assessor
  • Below Grade Unfinished SQFT: .00
  • Below Grade Unfin SQFT Source: Assessor
  • Total Below Grade SQFT: .00
  • Total Below Grade SQFT Source: Assessor
  • New Construction: No
  • Property Condition: Very Good

Building Information

  • Stories: 2
  • Year Built: 1930
  • Lot Size: 0.58 AC / 25,439 SF

Location

Location
  • In City Limits: No
  • School District Name: CALVERT COUNTY PUBLIC SCHOOLS
  • School District County ID: 121139842846
  • SchoolDistrictSource: Listing Agent
  • County: CALVERT

Waterfront / Water Access

Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No

Taxes and Assessment

Taxes and Assessment
  • Tax Year: 2022
  • Tax Assessed Value: $528,900
  • Year Assessed: 2022
  • County Tax: $5,495
  • Improvement Assessed Value: $290,200
  • Land Assessed Value: $238,700
  • Clean Green Assessed: No
  • Municipal Trash: No
  • Land Use Code: C
  • Refuse Fee: $350
  • Zoning: TC
  • Zoning Dscrp: Owings Town Center "Core District"
  • Automatically Update Tax Values Y/N: Yes
  • TaxDataUpdatedYN: Yes

Lease Information

Lease Information
  • Concessions: No

Unit Information

Unit Information
  • Single Room Units Count: 1
  • One Bedroom Units Count: 3
  • Two Bedroom Units Count: 2
  • Three Bedroom Units Count: 0
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6
  • Units Furnished: None
  • Units Leased Count: 6
  • Number Of Units Vacant: 0

Multi Family

Unit 1
  • Type: Unit 1
  • Unit Type Occupied YN: Yes
  • Beds Total: 2
  • Full Baths Count: 1
Unit 2
  • Type: Unit 2
  • Unit Type Occupied YN: Yes
  • Beds Total: 2
  • Full Baths Count: 1
Unit 3
  • Type: Unit 3
  • Unit Type Occupied YN: Yes
  • Beds Total: 1
  • Full Baths Count: 1
Unit 4
  • Type: Unit 4
  • Unit Type Occupied YN: Yes
  • Beds Total: 1
  • Full Baths Count: 1
Unit 5
  • Type: Unit 5
  • Unit Type Occupied YN: Yes
  • Beds Total: 1
  • Full Baths Count: 1
Unit 6
  • Type: Unit 6
  • Unit Type Occupied YN: Yes
  • Beds Total: 0
  • Full Baths Count: 0
  • Unit Type Features: Garage
  • Total Rooms: 0

Financial Information

Financial Information
  • Annual Rental Income: $80,940
  • Existing Lease Type: Yearly

Building Info

Building Info
  • Year Major Reno Remodel: 2021
  • Building Units Total: 4

Lot / Land Information

Lot / Land Information
  • Lot Size Source: Assessor
  • Parcel ID: 14963500

Parking

Parking
  • Type Of Parking: Parking Lot, Off Street

Interior Features

Interior Features
  • Accessibility Features: None

Exterior Features

Exterior Features
  • Pool: No Pool

Utilities

Utilities
  • Heating: Yes
  • Cooling Type: Heat Pump(s), Ductless/Mini-Split
  • Cooling Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Hot Water: Electric
  • Water Source: Well
  • Sewer Septic: Holding Tank

Property History for 121 Chesapeake Beach Road

DateEvent & SourcePriceAppreciation
Dec 15, 2022

Closed (Public Record)

Public Record #1504097992

$790,000

+31.6% / yr

Dec 15, 2022

Closed

BRIGHT #MDCA2008812

$790,000—
Nov 11, 2022

Pending

BRIGHT #MDCA2008812

—
DateEvent & SourcePrice
12/15/2022

Closed (Public Record)

Public Record #1504097992

$790,000

+31.6% / yr

12/15/2022

Closed

BRIGHT #MDCA2008812

$790,000
11/11/2022

Pending

BRIGHT #MDCA2008812

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public records

121 Chesapeake Beach Road

Total Finished SqFt

1,800 SqFt

Above Grade Finished SqFt

1,800 SqFt

Stories

1

Lot Size

21,996 SqFt

Style

Multi-Family Dwelling (2-4)

Year Built

1930

Schools near 121 Chesapeake Beach Road

This home is within Calvert County Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Windy Hill Elementary School
PublicPK to 5

Windy Hill Middle School
Public6 to 8

Northern High School
Public9 to 12

Career And Technology Academy
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Curtis Real Estate Company

© 2026 Bright MLS. All rights reserved. All information is deemed reliable, but accuracy is not guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 12/30/2022 02:18 PM