About this home
PRICE IMPROVEMENT! MONTHLY INCOME $3,800. LOOKING FOR INVESTMENT? Opportunity Knocks! WHAT A LOCATION!!! OFFERING PLENTY OF OFF-STREET PARKING! 2 Commercial rental units consisting of a 3 room "office" suite & "food window" service on the 1st floor. 2 Residential apt units on the2nd floor. 1st floor office has a lease agreement until 6-30-27 which includes heat, hot water & electric. The food service window has metered electric, 3 bowl scullery system installed 2018. Tenant is TAW. Both residential rental units on the 2nd floor have separate utilities, legal egresses and are TAW. 2 Stoves, 2 refrigerators, coin-op washer/dryer & scullery sink unit are landlord owned and will remain with building. A common half bath on the 1st floor has a tenant shared coin-op laundry. Low maintenance vinyl siding. Water/Sewer. Roof done in 2016. Secured building. Close to shopping, banks, restaurants, schools, Felton Field & more! Conveniently commuter friendly!
Listing last checked: Listing updated:
Listed by Donna Warfield · RE/MAX Vision · MLS #73545763
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Details at a glance
Interior1 property facts
- Basement
- Not reported
Building2 property facts
- Style
- Other
- Year built
- 1900
Land & utilities3 property facts
- Lot size
- 0.36 acres
- Pool
- Not reported
- Zoning
- TBD
Financial2 property facts
- Annual taxes
- $3,050
- Assessment year
- 2025
Location
Estimated monthly cost
Explore costs at the $389,900 asking price. Adjust the assumptions to your situation.
Known monthly costs$2,226 / monthAdjust
- Principal & interest
- $1,972
- Property tax
- $254
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $3,050. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
Price and status timeline
- New
$389,900 · Jul 7, 2026
- Lsd
$400 · Sold $400 · Apr 3, 2026
- Lsd
$1,200 · Sold $1,200 · Feb 9, 2026
- Exp
$450 · Mar 20, 2025
- Exp
$450 · Mar 20, 2025
- Ter
$399,900 · Sep 18, 2024
- Ter
$399,900 · Sep 18, 2024
- Exp
$400 · Oct 24, 2023
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About 531 Summer St
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