$139,900 Price Analysis    ♡   Salisbury, MD 21801 4 bed 2 bath 1,407 SqFt ($99/SqFt) 8,000SqFt lot. Built 1910 Listed 2024-02-09, Taxes $656 | Ⓧ 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 portfolo 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 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 #MDWC2012472 from BrightMLS
Full Bathrooms: 2
Heating Features: Central
Heating: Yes
Lot Size Square Feet: 7999
Calculated Total Monthly Association Fees: 0
Map directions Map directions Map directions Map directionsAnnual Tax Amount: 1415.0
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 $64,400 | $656 |
| 2021 | $42,700 + $16,400 $59,100 | $604 |
| 2020 | $unknown + $unknown $58,400 | $602 |
| 2019 | $unknown + $unknown $57,700 | $603 |
| 2018 | $40,600 + $16,400 $57,000 | $1,199 |
| 2017 | $40,600 + $16,400 $57,000 | $1,199 |
| 2016 | $40,600 + $16,400 $57,000 | $1,183 |
| 2015 | $unknown + $unknown $66,300 | $1,326 |
| 2015 | $29,900 + $36,400 $66,300 | $1,366 |
| 2014 | $unknown + $unknown $66,300 | $1,262 |
| 2012 | $unknown + $unknown $84,400 | $1,495 |
| 2011 | $unknown + $unknown $84,400 | $1,434 |
| 2010 | $unknown + $unknown $84,400 | $1,426 |
| 2009 | $unknown + $unknown $127,180 | $2,149 |
| 2008 | $unknown + $unknown $105,230 | $1,836 |
$139,900
BrightMLS
Sold 1998-07-16
$100,000
Public Record
Sold 1988-09-15
$62,000
Public Record
Year Built: 1910
Above Grade Finished Area: 1407
Construction Materials: Vinyl Siding
Property Age: 114
Levels or Stories: 2
Structure Type: Detached
Total Area Sqft: 1407
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.