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About the Listing RXE1 - 153094
Riviera Beach Multi-Unit Opportunity So many possibilities with this versatile property! With county permitting, the existing structure may be converted into a single-family home with an attached in-law suite, offering flexibility for multi-generational living or continued income potential. This licensed three-unit property sits on a fenced corner lot just off the main street in the heart of Riviera Beach. Enjoy a highly walkable location—two blocks from the bus stop and within easy walking distance to grocery stores, convenience shops, restaurants, and more. Unit Details Main Level – Unit A: 1 bedroom, kitchen, living room, and full bath Main Level – Unit B: 2 bedrooms, kitchen, dining room, living room, full bath, and laundry area Upper Level – Unit C: 1 bedroom, kitchen/dining combination, living room, and full bath Each unit is equipped with ceiling fans and air conditioning and maintains separate occupancy and lead inspection certifications. An excellent investment opportunity in a desirable, water-privileged community featuring a sandy beach, boat ramp, pier, community parks, walking paths, schools, and churches. Additional Notes: Long-term tenant in Unit C (currently month-to-month) Also listed under Residential MDAA2128910 Unique opportunity for this multi-dwelling property with strong income potential. Two of the existing tenants are on month-to-month leases and, having benefited from the landlord’s generosity, are prepared to vacate. Unit A: Monthly rent $1,500.00, currently month-to-month (estimated market rent $1,800.00) Unit B: Monthly rent $1,150.00 (below market) with a lease in place through the end of 2026 (estimated market rent $1,400.00) Unit C: Monthly rent $750.00, currently month-to-month (estimated market rent $1,200.00) Tenants are paying below market rent. Tenant Notices: Notice has been served to all tenants. There is a detached garage on property, unit C currently uses garage, could potentially be income producing
Listing Highlights
Status
Active
Days on Site
111
Property Type
Multi-Family
MLS ®
MDAA2128774
Year Built
1952
Total Square Footage
2,280
Lot/Acreage
0.21
County
Anne Arundel
Neighborhood
Pasadena
School District
Anne Arundel County Public Schools
Elementary School
Riviera Beach
Middle School
Northeast
High School
Northeast
Interior Details
- Bedrooms: 4
- Bathrooms: 0 Full
- Appliances: Dryer - Electric, Washer, Stove, Refrigerator, Range Hood
- Air Cond: Ceiling Fan(s),Central A/C,Ductless/Mini-Split,Multi Units
- Heating: Baseboard - Electric
- Fireplaces:
- Floor: Engineered Wood
- Above Ground Sq Ft: 2280
- Below Ground Sq Ft: 0
- Basement: Outside Entrance,Unfinished
- Other: 2nd Kitchen,Bathroom - Soaking Tub,Breakfast Area,Carpet,Ceiling Fan(s),Combination Dining/Living,Combination Kitchen/Dining,Combination Kitchen/Living,Dining Area,Family Room Off Kitchen,Kitchen - Table Space
- Water: Public
Exterior Details
- Lot Description: Corner,Cleared,Front Yard,Private,Rear Yard,Road Frontage,SideYard(s),Not New Construction,Horse Property: No
- Garage Capacity: 1 car
- Parking Spaces: 1
- Zoning: R5
- Roof:
- Others: Exterior Lighting,Sidewalks,Street Lights,Excellent
- Sewer: Public Sewer
- Parking Features: Brick Driveway,Garage - Rear Entry,Detached Garage,1+ Spaces
Financial Details
- Tax Amount: $4,008
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2024
Payment Calculator
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Questions About..
151 Riviera Dr Pasadena, MD 21122
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