$475,000
Active Under Contract
59 Days Online
0 Beds0 Baths2,688 SQFT
Active Under Contract
230 Lakewood Drive Salisbury, MD 21804
Investment Opportunity in a Strong Rental Market 2 unit, 2688 Square Foot Duplex on Tony Tank Pond consisting of Two, Four Bedroom/Two bath units Rental Income of $50, 780 and NOI of $36, 213 which includes professional management. Both units are in great condition with no deferred maintenance. Tenants are responsible for all utilities & water/sewer. The leases are designed to give the Landlord 12 days to turn the unit while rent is still being paid. Both units are fully rented for 2024/2025 school year. Buyers can tour the interior of the units with an agreed upon LOI.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyWicomico
- Taxes$4,899
- HOA/Condo/Coop Fees$0
- Days on Site58 Days
- MLS StatusActive Under Contract
- MLS ID NumberMDWC2014740
- Home Size Source Estimated
- Year Built2002
- Lot Size0.34 Acres
- Full BathsN/A
- Partial BathsN/A
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Learn MoreRecent Activity For 230 Lakewood Drive Salisbury, MD 21804
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General Features
- Style Contemporary
- Parking Off StreetParking Lot
- Sewer Public Sewer
- Acreage 0.34
- Water Public
- Property Sub Type Duplex
- Attached Garage No
- Foundation Block
- Zoning R-5
Interior Features
- Cooling Heat Pump(s)Electric
- Heating Heat Pump(s)Electric
- Fireplace No
Exterior Features
- View Pond
- Spa No
- Waterfront Property Yes
Community Features
- MLS Area Wicomico Southeast (23-04)
Schools
School District
WICOMICO COUNTY PUBLIC SCHOOLS
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
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Monthly Payment (Est.)
$2,387Copyright ©2024 Information is deemed reliable but not guaranteed.