$185,000 Price Analysis    ♡   Salisbury, MD 21804 4 bed 3 bath 2,074 SqFt ($89/SqFt) 0.3 acre lot. Built 1945 Listed 2024-02-09, Taxes $409 | ✓ USDA Eligible near Salisbury, MD Restrictions may apply due to home size |
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 portfol io 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 svvy 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 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.
Property MLS #MDWC2012504 from BrightMLS
Full Bathrooms: 3
Heating Features: Central
Heating: Yes
Lot Size Square Feet: 13090
Calculated Total Monthly Association Fees: 0
Map directions Map directions Map directions Map directionsSource Listing Status: Pending
County: WICOMICO
Disclaimer: Standard
Ownership: Fee Simple
Source Property Type: Residential
Area: WICOMICO
Postal Code Plus 4: 1826
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $7,100 + $27,200 $34,300 | $409 |
| 2021 | $7,100 + $27,200 $34,300 | $410 |
| 2020 | $7,100 + $27,200 $34,300 | $413 |
| 2019 | $10,300 + $27,200 $37,500 | $452 |
| 2018 | $unknown + $unknown $36,900 | $448 |
| 2017 | $unknown + $unknown $36,300 | $441 |
| 2016 | $8,500 + $27,200 $35,700 | $439 |
| 2015 | $94,300 + $42,200 $120,100 | $1,337 |
| 2015 | $8,500 + $27,200 $35,700 | $439 |
| 2014 | $94,300 + $42,200 $136,500 | $1,361 |
| 2012 | $unknown + $unknown $136,500 | $1,213 |
| 2011 | $unknown + $unknown $136,500 | $1,040 |
| 2010 | $unknown + $unknown $177,670 | $937 |
| 2009 | $unknown + $unknown $144,552 | $855 |
| 2008 | $unknown + $unknown $111,436 | $797 |
$185,000
BrightMLS
Listing removed 2024-03-06
$0
BrightMLS
Listed 2024-02-09
$185,000
BrightMLS
Listing removed 2023-07-28
$0
BrightMLS
Listed 2023-05-30
$289,900
BrightMLS
Sold 2014-05-30
$31,000
Coastal
Relisted 2014-05-29
$22,000
Coastal
Listing removed 2014-05-14
$22,000
Coastal
Listed 2014-05-08
$22,000
Coastal
Sold 1999-08-11
$77,000
Public Record
Sold 1991-11-25
$58,000
Public Record
Year Built: 1945
Above Grade Finished Area: 2074
Below Grade Unfinished Area: 864
Construction Materials: Stucco
Property Age: 79
Levels or Stories: 2
Structure Type: Detached
Total Area Sqft: 2938
Total Below Grade Area: 864
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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.