4 Nicholson Drive

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.

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

Location

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LISTING UPDATED: 03/13/2023 08:00 PM

Property Details for 4 Nicholson Drive

StatusActive
MLS #11476559
Days on Market619
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

Location

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Building Information for 4 Nicholson Drive

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

Payment Calculator

$3,360 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,001

Property Taxes

$359

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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
DateEvent & SourcePrice

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 Record2023$4,313 ($359 / 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
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Pasadena Elementary School
PublicK 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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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 619 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.

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© 2024 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