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$165,000   Price Analysis
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903 Hanover St
Salisbury, MD 21801
4 bed 2 bath 1,260 SqFt ($130/SqFt)
4,000SqFt lot. Built 1998
Listed 2024-02-09, Taxes $1,149
Ⓧ 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 wit h one duplex. With a gross annual rental income of $319, 860, this portfolio offers a robust and steady income stream for savvy nvestors 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.
Listing Agent Photo

Property MLS #MDWC2012496 from BrightMLS

Bedrooms: 4

Total Bathrooms: 2
Full Bathrooms: 2

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

Lot Size Acres: 0.0918274
Lot Size Square Feet: 4000

Parking Features: Driveway

Association: No
Calculated Total Monthly Association Fees: 0

School District: WICOMICO COUNTY PUBLIC SCHOOLS

Pinehurst Elementary School is a public elementary school located approximately 0.6 miles away.
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James M. Bennett High School is a public high school located approximately 0.8 miles away.
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Bennett Middle School is a public middle school located approximately 2.9 miles away.
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St Francis De Sales Catholic School is a private elementary and middle school located approximately 0.6 miles away.
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Municipality: Salisbury
Annual Tax Amount: 2496.0
Source Listing Status: Pending
County: WICOMICO
Disclaimer: Standard
Ownership: Fee Simple
Source Property Type: Residential
Area: WICOMICO
Postal Code Plus 4: 6313
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $unknown
$112,800
$1,149
2021$87,100 + $15,600
$102,700
$1,049
2020$unknown + $unknown
$101,800
$1,049
2019$unknown + $unknown
$100,900
$1,056
2018$84,400 + $15,600
$100,000
$2,055
2017$unknown + $unknown
$99,633
$2,047
2016$unknown + $unknown
$99,267
$2,012
2015$unknown + $unknown
$98,900
$1,978
2015$63,300 + $35,600
$98,900
$1,998
2014$unknown + $unknown
$98,900
$1,883
2012$unknown + $unknown
$113,200
$2,005
2011$unknown + $unknown
$113,200
$1,924
2010$unknown + $unknown
$113,200
$1,913
2009$unknown + $unknown
$148,930
$2,516
2008$unknown + $unknown
$134,820
$2,352

Listed 2024-02-09
$165,000
BrightMLS
Sold 1998-01-26
$182,000
Public Record

Total Square Feet Living: 1260
Year Built: 1998
Above Grade Finished Area: 1260
Property Age: 26
Levels or Stories: 2
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.