$139,900 Price Analysis    ♡   Salisbury, MD 21801 4 bed 2 bath 1,260 SqFt ($111/SqFt) 4,000SqFt lot. Built 1998 Listed 2024-02-09, Taxes $1,137 | Ⓧ 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 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 maintnance, 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 #MDWC2012470 from BrightMLS
Full Bathrooms: 2
Heating Features: Heat Pump(s)
Heating: Yes
Lot Size Square Feet: 4000
Calculated Total Monthly Association Fees: 0
Map directions Map directions Map directions Map directionsAnnual Tax Amount: 2470.0
Source Listing Status: Pending
County: WICOMICO
Disclaimer: Standard
Ownership: Fee Simple
Source Property Type: Residential
Area: WICOMICO
Postal Code Plus 4: 6307
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $unknown + $unknown $111,667 | $1,137 |
| 2021 | $86,100 + $15,600 $101,700 | $1,039 |
| 2020 | $unknown + $unknown $100,800 | $1,039 |
| 2019 | $unknown + $unknown $99,900 | $1,045 |
| 2018 | $83,400 + $15,600 $99,000 | $2,034 |
| 2017 | $unknown + $unknown $98,700 | $2,028 |
| 2016 | $unknown + $unknown $98,400 | $1,994 |
| 2015 | $unknown + $unknown $98,100 | $1,962 |
| 2015 | $62,500 + $35,600 $98,100 | $1,982 |
| 2014 | $unknown + $unknown $98,100 | $1,868 |
| 2012 | $unknown + $unknown $112,100 | $1,985 |
| 2011 | $unknown + $unknown $112,100 | $1,905 |
| 2010 | $unknown + $unknown $112,100 | $1,894 |
| 2009 | $unknown + $unknown $134,960 | $2,280 |
| 2008 | $unknown + $unknown $125,146 | $2,183 |
$139,900
BrightMLS
Sold 1998-07-16
$100,000
Public Record
Sold 1988-09-15
$62,000
Public Record
Year Built: 1998
Above Grade Finished Area: 1260
Construction Materials: Vinyl Siding
Property Age: 26
Levels or Stories: 2
Structure Type: Detached
House Style: Bungalow
Total Area Sqft: 1260
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.