$135,000
$135,000
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914 N DIVISION ST Salisbury, MD 21801
3 Beds
2 Baths
1,280 SqFt
Key Details
Sold Price $135,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,280 sqft
Price per Sqft $105
Subdivision None Available
MLS Listing ID MDWC2012500
Style Other
Bedrooms 3
Full Baths 1
Half Baths 1
Year Built 1949
Annual Tax Amount $1,030
Tax Year 2023
Lot Size 0.267 Acres
Property Description
**Property is part of a larger portfolio and will not be sold individually. Asking price for entire portfolio is $2,979,200** Welcome to an exceptional investment opportunity! This diversified portfolio consists of 19 properties comprising a total of 20 units, primarily single-family homes, along with one duplex. With a gross annual rental income of $319,860, this portfolio offers a robust and steady income stream for savvy investors and with some properties being newly renovated and others offering value-add opportunities, the potential is limitless! Tenants are responsible for water, trash, sewer and lawn maintenance, ensuring minimal expenses for the property owner. All properties are located in Salisbury and Fruitland, so they benefit from a stable rental demand and strong long-term tenant occupancy. Whether you?re a seasoned investor or just getting started in real estate, this portfolio offers the potential for significant returns and long-term wealth accumulation.
Location
State MD
County Wicomico
Area Wicomico Southeast (23-04)
Zoning R8
Interior
Hot Water Electric
Heating Central
Cooling Central A/C
Exterior
Water Access N
Building
Story 2
Foundation Block
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Wicomico County Public Schools
Others
Special Listing Condition Standard
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Bought with Aubrey Campbell • Keller Williams Realty Delmarva