Properties

SALISBURY, MD 21801
SALISBURY, MD 21801
SALISBURY, MD 21801
SALISBURY, MD 21801
901 HANOVER ST
SALISBURY, MD 21801
155000
MLS Number: MDWC2012490
Beds: 5
Baths: 2
 
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 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: 8000.00
County: WICOMICO
Year Built: 1935
Sub-Division: NONE AVAILABLE
Area: 2793
Sewer: Public Sewer
Acres: 0.18
 
Community Information
Zoning: R10
 
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: Y
Water: Public
 
Lot Information
SqFt: 8000.00
Dimensions: 0.00 x 0.00
 
School Information
School District: WICOMICO COUNTY PUBLIC SCHOOLS
 
Fees & Taxes
City Taxes: 932
County Taxes: 799
 
Listing Courtesy Of RE/MAX Crossroads at the Beach

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