$165,000

905 Hanover St, Salisbury, MD, 21801

4

Beds

2

Baths

947

Square feet

0.09

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® # MDWC2012498
Price $165,000
Bedrooms 4
Bathrooms 2.00
Full Baths 2
Square Footage 947
Acres 0.09
Year Built 1930
Type Residential
Sub-Type Detached
Style Other
Status Active

Community Information

Address 905 Hanover St
Area Wicomico Southwest (23-03)
Subdivision NONE AVAILABLE
City Salisbury
County WICOMICO-MD
State MD
Municipality Salisbury
Zip Code 21801
Senior Community No

Amenities

Is Waterfront No

Interior

Heating Heat Pump(s)
Cooling Central A/C
Has Basement No
Fireplace No
# of Stories 2
Stories 2 Story

Exterior

Foundation Block

School Information

District WICOMICO COUNTY PUBLIC SCHOOLS

Additional Information

Date Listed February 9th, 2024
Days on Market 16
Zoning R10
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeKeller Williams Realty Delmarva
Contact Info(410) 524-6400

Listing Map

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