$145,000
614 Oak Hill Ave, Salisbury, MD, 21801
3
Beds
1½
Baths
1,108
Square feet
0.14
Acres
**Property is part of a larger portfolio and will not be sold individually. 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 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 you’re a seasoned investor or just getting started in real estate, this portfolio offers the potential for significant returns and long-term wealth accumulation.
Facts & Features
MLS® # | MDWC2012488 |
---|---|
Price | $145,000 |
Bedrooms | 3 |
Bathrooms | 1.50 |
Full Baths | 1 |
Half Baths | 1 |
Square Footage | 1,108 |
Acres | 0.14 |
Year Built | 1953 |
Type | Residential |
Sub-Type | Detached |
Style | Other |
Status | Pending |
Community Information
Address | 614 Oak Hill Ave |
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Area | Wicomico Southeast (23-04) |
Subdivision | NONE AVAILABLE |
City | Salisbury |
County | WICOMICO-MD |
State | MD |
Municipality | Salisbury |
Zip Code | 21801 |
Senior Community | No |
Amenities
Is Waterfront | No |
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Interior
Heating | Heat Pump(s) |
---|---|
Cooling | Central A/C |
Has Basement | No |
Fireplace | No |
# of Stories | 1 |
Stories | 1 Story |
Exterior
Foundation | Block |
---|
School Information
District | WICOMICO COUNTY PUBLIC SCHOOLS |
---|
Additional Information
Date Listed | February 9th, 2024 |
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Days on Market | 39 |
Zoning | R5A |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | Keller Williams Realty Delmarva |
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Contact Info | (410) 524-6400 |