Properties
317 CHESTNUT WAY
SALISBURY, MD 21804
154900 SALISBURY, MD 21804
MLS Number: MDWC2012478
Beds: 5
Baths: 2
Description
**Property is part of a larger portfolio and will not be sold individually.** 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 youre a seasoned investor or just getting started in real estate, this portfolio offers the potential for significant returns and long-term wealth accumulation. General Details
Bedrooms: 5 Bathrooms, Full: 2
Lot Area: 7500.00
County: WICOMICO
Year Built: 1941
Sub-Division: NONE AVAILABLE
Area: 1596
Sewer: Private Septic Tank
Acres: 0.17
Community Information
Zoning: R15 Exterior Features
Foundation: Block Garage(s): N
Pool: No Pool
Style: Other
Waterfront: N
Waterview: N
Interior Features
Basement: N Heating: Central
Cooling: Y
Fireplace: N
Water: Private
Lot Information
SqFt: 7500.00 Dimensions: 0.00 x 0.00
School Information
School District: WICOMICO COUNTY PUBLIC SCHOOLS Fees & Taxes
County Taxes: 98 Watch Sharing OC’s Channel On Youtube
