305 E Water St
Centreville, MD 21617
2
Bedrooms
3
Bathrooms
3,300
Sq Ft
1962
Year Built
About This Property
Mixed-use commercial property offering exceptional exposure in a sought-after location. The first floor commercial space features about 1800 sq' separated between a large retail space, office/kitchen , and storage space. The second floor includes a 2-bedroom, 1-bath apartment ideal for owner occupancy or rental income. Seller financing may be available for buyers with 20% down, 5% interest, amortized at 15 years with a 5 year balloon. The building offers flexible layout potential and is truly ready for your vision. Downstairs can easily be divided into three sections to rent out separately. Situated on nearly a half-acre lot, the property boasts a generous parking area with 12 spaces and room for future expansion. A rare opportunity for entrepreneurs, investors, or owner-operators looking to establish or grow their business in the heart of Centreville. Take advantage of the seller financing opportunity and 5% rate!
Property Details
Property Type
Single Family
Year Built
1962
HOA
None
Listed Price
$450,000
Owner Financing Terms
Why Owner Financing?
- ✓ No bank qualifying
- ✓ Bad credit OK
- ✓ Fast closing
- ✓ Flexible terms
Free account - No credit card required
Frequently Asked Questions About Owner Financing in Centreville
What is owner financing for 305 E Water St?
Owner financing means the seller of 305 E Water St acts as the lender. Instead of getting a mortgage from a bank, you make monthly payments directly to the property owner. This property in Centreville, MD is available with owner financing terms.
Do I need good credit for owner financing?
No! One of the biggest advantages of owner financing is that you typically don't need to qualify through a bank. This makes it possible to buy a home even with bad credit, no credit history, or self-employment income that's hard to document.
How much is the down payment for this Centreville home?
Down payment terms are negotiable. Sign up for free to get the specific financing details for this Centreville property.