$ 575,000
-
$575,000
Price -
0
Bed - Bath
-
4,362
SqFt
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About the Listing SAMP43 - 65638
Turnkey 6-Unit Apartment Building with Additional Lot – Prime Williamsport Location Introducing a well-maintained and income-producing 6-unit apartment building located at 111 West Salisbury Street in the heart of Williamsport, Maryland. This solid investment property features five 1-bedroom units and one large 3-bedroom, 2-bath unit, with a gross annual rental income of $59,400. The building underwent a major renovation in the 1980s, updating both electrical and plumbing systems, and more recently received a new roof in 2022, adding long-term value and reducing future capital expense needs. The property is in overall good condition, and while current rents may be slightly below market, there is room for value-add through rent adjustments, offering strong upside potential for investors. The lot/parcel may allow for potential for future development or expansion, making this an even more attractive investment opportunity. Situated in a convenient location close to I-81 and I-70, this property is easily accessible and near parks, shopping centers, and schools, making it appealing to tenants. Whether you're looking to expand your real estate portfolio or acquire a stable, long-term investment, this property offers immediate income with future growth opportunity. A rare opportunity in a desirable location—schedule your showing today!
Listing Highlights for 111 W Salisbury St
Status
Active
Days on Site
58
Property Type
Commercial Sale
MLS ®
MDWA2030110
Year Built
1904
Total Square Footage
4,362
Lot/Acreage
0.14
County
Washington
School District
Washington County Public Schools
Elementary School
Call School Board
Middle School
Call School Board
High School
Williamsport
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond: Window Unit(s)
- Heating: Hot Water
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No,In City Limits
- Garage Capacity: N/A
- Parking Spaces: 8
- Zoning: U
- Roof:
- Others: Good
- Sewer: Public Sewer
- Parking Features: On Street,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Financial Details
- Tax Amount: $2,761
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2024
Payment Calculator
Monthly Payment
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- in Taxes
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Listing Location
Questions About..
111 W Salisbury St Williamsport, MD 21795
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