$ 224,900
-
$224,900
Price -
4
Bed - Bath
-
3,384
SqFt
NEW! Buy and sell safely with virtual options - Learn More
About the Listing CAPTA1 - 82600
All the hard work is done—just start collecting rent! This freshly renovated 6-unit apartment building in Westernport, MD, is a prime opportunity to secure a long-term, income-producing asset in a community on the rise. With two efficiency units and four one-bedroom apartments, this property has the potential to generate over $44,000 in gross annual income. Each unit has been completely updated, featuring fresh paint, new flooring, and modernized kitchens and bathrooms, creating an attractive and comfortable living space for tenants. The exterior has been repainted, ensuring years of low-maintenance upkeep, while new electrical services, updated interior wiring, and plumbing replacements provide efficiency and reliability. Electric baseboard heating delivers cost-effective climate control for each unit. The unfinished basement presents an additional value-add opportunity—use it as spacious storage or transform it into an on-site laundry facility to further increase your income stream. Why start small when you can scale from the beginning? This configuration provides the income necessary to establish yourself as a successful real estate investor or serves as the perfect addition to an already thriving portfolio. The stock market won’t climb forever—hedge against inflation with a solid real estate investment. This is your chance to secure a high-performing, income-generating asset with immediate rental potential. Act now—opportunities like this don’t last!
Listing Highlights for 400 - 406 Walnut St
Status
Pending
Days on Site
180
Property Type
Multi-Family
MLS ®
MDAL2011174
Year Built
1949
Total Square Footage
3,384
Lot/Acreage
0.04
County
Allegany
School District
Allegany County Public Schools
Elementary School
Westernport
Middle School
Westmar
High School
Mountain Ridge
Interior Details
- Bedrooms: 4
- Bathrooms: Full
- Appliances:
- Air Cond:
- Heating: Baseboard - Electric
- Fireplaces:
- Floor: Laminated,Luxury Vinyl Plank
- Above Ground Sq Ft: 3384
- Below Ground Sq Ft: 0
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Premium,Road Frontage,Sloping,Not New Construction,Horse Property: No,In City Limits
- Garage Capacity: N/A
- Zoning: SUBURBAN / RESIDENTIAL
- Roof: Rubber
- Others: Very Good
- Sewer: Public Sewer
- Parking Features: Public,On Street
Financial Details
- Tax Amount: $562
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2024
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Listing Location
Questions About..
400 - 406 Walnut St Westernport, MD 21562
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
