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20960 Maryland Hwy , Bloomington, MD 21523
$267,000
Est. Payment: $1,421.09/mo
5568 Sqft
1.25 Acres
Status: active | Days on site: 2
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RGRE1 - 124248
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from IDX Support, its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House Description

🔥 JUST REDUCED — SELLER WANTS IT OFF THE BOOKS! This property is a VALUE-ADD gem, perfect for investors looking for redevelopment opportunities. Its strategic location and potential for improvement make it an ideal choice for those aiming to enhance their investment portfolio with a property that offers both immediate returns and long-term growth prospects. Exceptional Investment Opportunity! Discover this robust, all-brick apartment complex in the serene Sheppard's Park Subdivision, ideally situated in the Bloomington area of Garrett County, Maryland, just west of the Allegany County border. This impressive property spans a single tax parcel and features an apartment complex originally built in 1965. It comprises 13 units, including 11 two-bedroom, one-bath apartments, and two efficiency apartments, offering a variety of living options. The complex also provides ample private parking for tenants and visitors. Set on a generous 1.25 acres of land, this property is not just a building but a significant investment in a desirable location. Located just a 25-minute drive from the scenic Deep Creek Lake area, the VALUE-ADD gem benefits from the economic activity of the McHenry-Deep Creek Lake area, which enjoys all four seasons. The nearby Wisp Ski Resort is a key employer in winter, while the lake offers summer recreational activities. Route 219, a vital north/south route, leads to Interstate-68, a major east/west transportation corridor. The Baltimore/Washington area is two hours east, Morgantown, West Virginia is one hour west, and Pittsburgh, Pennsylvania is two hours north. Don’t miss out on this opportunity! If you need more information or have any questions, please feel free to reach out. Contact Roberto Gonzalez at 240-203-6393 or via email at Roberto@rgrealtyinc.com for any extra details. We urge you to act swiftly to take full advantage of this offer. Also, keep in mind that if you’re looking to buy or sell, we are the top choice to help you meet your real estate objectives.
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Highlights

Listed by Roberto G. Gonzalez , 3019910207 RG Realty, Inc. , 2402036393. Bright MLS

Property Type

Commercial Sale
Lot/Acreage
1.25

Year Built

1965

County

Garrett

 School District

Garrett County Public Schools

Listing ID

MDGA2012200

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Interior Features

Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No
Garage Capacity:14
Zoning:R003
Sewer:Public Sewer
Parking Features:Parking Lot,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Principal Interest
$1,421
Taxes
$294

Home Price

$267,000

Loan Details

30 yrs
7%

Down Payment

20%
$53,400
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,421.09

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,421.09 $294.00 $0.00 $1,715.09
Yearly $17,053.03 $3,528.00 $0.00 $20,581.03
Total $511,591.01 $105,840.00 $0.00 $617,431.01
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Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Bloomington, MD).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

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Data last updated: 2026-11-13T21:11:33.000Z

© 2026 Bright MLS