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$174,900   Price Analysis
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1212 Emerson Ave
Salisbury, MD 21801
3 bed 2 bath 1,260 SqFt ($138/SqFt)
0.25 acre lot. Built 2004
Listed 2024-02-09, Taxes $1,436
Ⓧ USDA Ineligible
due to location

near Salisbury

Property is part of a larger portfolio and will not be sold individually.

* Sale Pending *

Asking price for entire portfolio is $2, 979, 200 Welcome to an exceptional investment opportunity! This diversified portfolio consists of 19 properties comprising a ttal 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 m aintenance, 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 getting started in real estate, this portfolio offers the potential for significant returns and long-term wealth accumulation.


Presented by Aubrey Campbell at
Keller Williams Realty Of Delmarva-Salis.
Listing Agent Photo

Property MLS #MDWC2012502 from BrightMLS

Bedrooms: 3

Total Bathrooms: 2
Full Bathrooms: 2

Cooling Features: Central A/C
Heating Features: Heat Pump(s)
Heating: Yes

Lot Size Acres: 0.2462351
Lot Size Square Feet: 10726

Parking Features: Driveway

Association: No
Calculated Total Monthly Association Fees: 0

School District: WICOMICO COUNTY PUBLIC SCHOOLS

North Salisbury Elementary School is a public elementary school located approximately 0.1 miles away.
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Salisbury Middle School is a public middle school located approximately 0.7 miles away.
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Wicomico High School is a public high school located approximately 1.2 miles away.
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Wicomico Day School is a private elementary and middle school located approximately 1.4 miles away.
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Municipality: Salisbury
Annual Tax Amount: 2978.0
Source Listing Status: Pending
County: WICOMICO
Disclaimer: Standard
Ownership: Fee Simple
Source Property Type: Residential
Area: WICOMICO
Postal Code Plus 4: 3672
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $unknown
$140,967
$1,436
2021$105,600 + $29,700
$135,300
$1,383
2020$105,600 + $29,700
$135,300
$1,395
2019$105,600 + $29,700
$135,300
$1,416
2018$105,700 + $29,700
$135,400
$2,775
2017$unknown + $unknown
$132,067
$2,707
2016$unknown + $unknown
$128,733
$2,603
2015$unknown + $unknown
$125,400
$2,508
2015$80,700 + $44,700
$125,400
$2,528
2014$unknown + $unknown
$125,400
$2,388
2012$unknown + $unknown
$165,200
$2,685
2011$unknown + $unknown
$165,200
$2,567
2010$unknown + $unknown
$165,200
$2,550
2009$unknown + $unknown
$194,060
$2,736
2008$unknown + $unknown
$176,082
$2,681

Listed 2024-02-09
$174,900
BrightMLS
Sold 2015-02-27
$99,000
Coastal
Price Changed 2015-02-02
$109,900
Coastal
Price Changed 2015-01-14
$129,900
Coastal
Listed 2014-12-31
$144,900
Coastal
Sold 2004-08-27
$154,625
Public Record

Total Square Feet Living: 1260
Year Built: 2004
Above Grade Finished Area: 1260
Property Age: 20
Levels or Stories: 1
Structure Type: Detached
Total Area Sqft: 1260
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.