1212 Emerson Avenue Salisbury, MD 21801
**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.
- Property TypeSingle Family Home
- NeighborhoodNone Available
- CountyWicomico
- Taxes$2,978
- HOA/Condo/Coop Fees$0
- Days on Site19 Days
- MLS StatusPending
- MLS ID NumberMDWC2012502
- Home Size Source Assessor
- Year Built2004
- Lot Size0.25 Acres
- Full Baths2
- Partial BathsN/A
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General Features
- Style Other
- Construction Other
- Parking Driveway
- Sewer Public Sewer
- Number of Stories 1
- Acreage 0.25
- Water Public
- Property Sub Type Single Family Residence
- Attached Garage No
- Foundation Block
- Zoning R8
Interior Features
- Cooling Central A/ CElectric
- Heating Heat Pump(s)Electric
- Fireplace No
Exterior Features
- Spa No
- Waterfront Property No
Community Features
- Senior Community No
- MLS Area Wicomico Southeast (23-04)