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A wonderful income earning opportunity! Located on Main Street in downtown Elkton, this historical property "The Mitchell House" with RO/Commercial zoning is just steps away from the courthouses, shops and restaurants of downtown Elkton. The main building, built in 1769, has been well maintained with plenty of old world charm, and was previously utilized as successful law office and wedding venue. Offering 4 spacious rooms, a full kitchen and full bath, with details that include 2 decorative fireplaces, hardwood flooring, original crown molding, high ceilings, and tons of shelving for storage. The second level features 2 separate apartments, one a 2 bedroom/1 bath and the second a 1 bedroom/1 bath, both with exterior access. Located behind the main building is a former "carriage house", which has been converted into a third apartment (3 bedroom, 1 1/2 bath), and features a new roof (2020), new windows and flooring, as well as a HVAC system added in 2019. A third residential building in the rear of the property offers 2 additional apartments (1 bedroom/1 bath and 2 bedroom/1 bath units) and includes separate metering, (2 HVAC units) and a new roof which was added in 2020. All apartments are currently rented, with parking (18-19 spots) conveniently located in the rear of the main building. So much versatility, plus apartment rental income! If you are searching for an opportunity to start or relocate your current business, and earn income to offset your mortgage, your search is over....131 E Main Street, Elkton...your business dream awaits!!!
Listed by Wanda L Jackson of RE/MAX Chesapeake

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