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This is a well-maintained 8-unit multifamily property in Salisbury, MD that makes for an excellent cash-flowing investment opportunity, which offers a prime location for renters looking for proximity to local educational and healthcare institutions. The property consists of three separate buildings, offering a mix of 1 and 2 bedroom apartments, all having their own washer and dryer, central heating and air and are separately metered. As it pertains to the floor plan for each apartment, the one or two bedroom apartments are identical with comfortable living spaces and onsite parking, adding convenience for residents. With its steady rental income and strong location, this property makes for an ideal addition to any investment portfolio.
| DAYS ON MARKET | 6 | LAST UPDATED | 2/18/2025 |
|---|---|---|---|
| YEAR BUILT | 1988 | COMMUNITY | Wicomico Southwest (23-03) |
| COUNTY | WICOMICO | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| School District | WICOMICO COUNTY PUBLIC SCHOOLS |
|---|
| ADDITIONAL DETAILS | |
| AIR | Central Air, Electric |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Electric Water Heater |
| AREA | Wicomico Southwest (23-03) |
| CONSTRUCTION | Vinyl Siding |
| HEAT | Electric, Heat Pump |
| LOT | 0.31 acre(s) |
| LOT DIMENSIONS | 0.00 x 0.00 |
| PARKING | Parking Lot |
| SEWER | Public Sewer |
| TAXES | 8163 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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