4 Nicholson Dr

Pasadena, MD 21122

$549,900
Price
4
Beds
2
Baths
1,563 Sq. Ft.
$352 / Sq. Ft.
1,563
Sq. Ft.
$352
per Sq. Ft.
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For Sale By Owner
For Sale By Owner

Description

Discounted REAL ESTATE INVESTMENT OPPORTUNITY - Over $700K of ASSETS. No other capital investment required! Rare & unique "Turnkey Waterfront Investment", or private purchase opportunity, offering waterfront access on Magothy River. This fantastic 2-story waterfront colonial is currently divided into two separate, Anne Arundel County (AACO) registered & licensed apartments that have enjoyed 30 years of 100% occupancy. Each unit has it own BGE electric meter and property benefits from an energy efficient...Discounted REAL ESTATE INVESTMENT OPPORTUNITY - Over $700K of ASSETS. No other capital investment required! Rare & unique "Turnkey Waterfront Investment", or private purchase opportunity, offering waterfront access on Magothy River. This fantastic 2-story waterfront colonial is currently divided into two separate, Anne Arundel County (AACO) registered & licensed apartments that have enjoyed 30 years of 100% occupancy. Each unit has it own BGE electric meter and property benefits from an energy efficient heating system, new 50-year architecture shingles on roof, exterior siding paint, WF deck and one 15 x 22 wet slip. This property also boasts a very large (32 x 60) 3-bay garage 1,920 SF that has its own BGE meter as well as a large steel 8x20 storage container. This property enjoys AACO Public Water (no well) and an annually maintained private 1,500 gallon capacity concrete Septic system. Rent both, live in one and rent one; as the new owners, the choice is yours. This is a turn-key rental business opportunity. Attention Realtors - Agent commissions honored with acceptable Sales Agreement, agents please do not call soliciting for this listing. Sorry, no appointments scheduled without proof of financial status of Buyer. Property sold "AS IS, WHERE IS" without implied or other warranties. Home Warranty available to qualified Buyer upon request. EXTERIOR SIDING PAINT



What the seller loves about this home

Waterfront with deep water. Private property with 24/7 video security system. 1st floor 2 BR apt is "licensed" with separate room for Home Office. 2nd floor 2 BR apt is "licensed" with separate BGE metered utilities and exterior entrance. AACO public water, upgraded septic. Detached 3-Bay masonry sub-divided for storage rentals - garage 32' depth x 60' length - 1,920 SF. Plus Conex shipping storage unit 8'Wx8.5'Hx20'L on concrete pad for storage. SEE ALSO PHOTOS of Interiors at http://www.facebook.com/Nicholson-Properties-250040398534444 select PHOTOS, select SEE ALL then select ALBUM 4 Nicholson Drive. Zillow price estimate does NOT include 3-bay 1,920- SF masonry detached garage and WF land valuation. To contact Seller via email: rtwilley08@gmail.com Office Hours are daily 9AM to 4 PM.

Amenities

  • Deck
  • Garage
  • Home Office
  • Common Storage
  • Video Security
  • Colonial
  • Security System
  • Detached Garage
LISTING UPDATED: 03/13/2023 08:00 PM

Property Details for 4 Nicholson Drive

StatusActive
MLS #11476559
Days on Market1315
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeSingle Family
Year Built1959
Lot Size0.41 AC / 17,859 SF
CountyAnne Arundel County
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Location

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Building Information for 4 Nicholson Drive

Stories-Year Built1959Building Size-Lot Size0.41 AC / 17,859 SF

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$3,118 per month

30 year fixed, 6.15% Interest

Principal and Interest

$2,680

Property Taxes

$438

HOA Dues

$0

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Property Information for 4 Nicholson Drive

Summary
Parking
  • Garage Carsize: 2
Property
Lot Information
  • Lotsize: 17859.0
Property and Assessments
  • Year Built: 1959
Interior and Exterior Features
Interior Features
  • Quarter Baths: 0
  • Halfbaths: 0
  • Threequarterbaths: 0
  • Fullbaths: 2
  • Bedrooms: 4

Property History for 4 Nicholson Drive

DateEvent & SourcePriceAppreciation
Dec 15, 2023

Closed (Public Record)

Public Record #1528689625

$515,000—
Aug 8, 2022

Price Change

FIZBER #11476559

$549,900—
Aug 8, 2022

Listed (Active)

FIZBER #11476559

$524,900—
Sep 9, 2021

Listed (Active)

FIZBER #11448741

$518,499—
Feb 21, 2021

Expired

BRIGHT #MDAA426236

—
Jul 7, 2020

Withdrawn

BRIGHT #MDAA426236

$425,000—
Mar 30, 2020

Temp Off Market

BRIGHT #MDAA426236

$425,000—
Feb 24, 2020

Listed (Active)

BRIGHT #MDAA426236

$425,000—
Aug 11, 2013

Expired

BRIGHT #1006981620

$297,000—
Mar 11, 2013

Listed (Active)

BRIGHT #1006981620

$250,000—
May 14, 2009

Withdrawn

BRIGHT #MDAA335112

$489,900—
May 14, 2009

Withdrawn

BRIGHT #MDAA335112

—
May 3, 2007

Listed (Active)

BRIGHT #MDAA335112

$646,750—
DateEvent & SourcePrice
12/15/2023

Closed (Public Record)

Public Record #1528689625

$515,000
08/08/2022

Price Change

FIZBER #11476559

$549,900
08/08/2022

Listed (Active)

FIZBER #11476559

$524,900
09/09/2021

Listed (Active)

FIZBER #11448741

$518,499
02/21/2021

Expired

BRIGHT #MDAA426236

—
07/07/2020

Withdrawn

BRIGHT #MDAA426236

$425,000
03/30/2020

Temp Off Market

BRIGHT #MDAA426236

$425,000
02/24/2020

Listed (Active)

BRIGHT #MDAA426236

$425,000
08/11/2013

Expired

BRIGHT #1006981620

$297,000
03/11/2013

Listed (Active)

BRIGHT #1006981620

$250,000
05/14/2009

Withdrawn

BRIGHT #MDAA335112

$489,900
05/14/2009

Withdrawn

BRIGHT #MDAA335112

—
05/03/2007

Listed (Active)

BRIGHT #MDAA335112

$646,750

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

Public Records for 4 Nicholson Drive

Taxable ValueLand-Additions-Total-
Tax Record2025$5,261 ($438 / month)
Home Facts
Beds0Baths2Total Finished SqFt1,352 SqFtAbove Grade Finished SqFt1,352 SqFtStories2Lot Size17,882 SqFtStyleSingle Family ResidenceYear Built1959ZoningR2CountyANNE ARUNDELAPN03-521-13563410Fireplace TypeHas Fireplace

Schools near 4 Nicholson Drive

This home is within Anne Arundel County Public Schools.
Rating
School
Type
Grades
Distance
Pasadena Elementary School
Public - PK to 5
Chesapeake Bay Middle School
Public - 6 to 8
Chesapeake High School
Public - 9 to 12
Anne Arundel Evening High
Public - 9 to 12
Rating
School
Distance
Pasadena Elementary School
PublicPK to 5

Chesapeake Bay Middle School
Public6 to 8

Chesapeake High School
Public9 to 12

Anne Arundel Evening High
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.

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More information about 4 Nicholson Drive, Pasadena, MD 21122

4 Nicholson Drive is a single family home for sale in Pasadena, MD 21122. This property was listed for sale on August 8, 2022 by For sale by owner, please contact, it's currently listed at $549,900. It has been on the market for a total of 1315 days and was last sold on December 15, 2023. This listing's school district is Anne Arundel County Public Schools. Nearby schools include Pasadena Elementary School, Chesapeake Bay Middle School and Chesapeake High School. 4 Nicholson Drive is a 4-bed, 2-bath, 1,563 sqft single family home built in 1959.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

© 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 03/13/2023 08:00 PM