$ 285,000
-
$285,000
Price -
5
Bed -
3
Bath -
1,920
SqFt -
0.22
Acre
NEW! Buy and sell safely with virtual options - Learn More
About the Listing NRP9 - 3297147
Turnkey income-producing duplex in the heart of Princess Anne! Take it fully occupied, or live in one side and rent out the other side! This well-maintained 5 Bed/ 3 Bath Home, which features two units. One is 3-bedroom, 2-bath unit, and the other is a 2-bedroom, 1-bath unit generating $2,320/month in rental income with the potential to easily generate $3,000/ month based on recent market rents. Current Cap Rate 6.07% with Market Potential of 8.08%. Both units are occupied with stable month to month tenants, including one since 2025 and the second since 2020, providing immediate cash flow from day one. A new HVAC system was installed in Unit B in 2025, and in 2019 for Unit A. Unit A has been recently updated. Separately metered electric keeps operating costs low, and the strong local rental market continues to support long-term demand. Conveniently located near UMES, healthcare, county employers, and the US Route 13 corridor, this property attracts workforce and university-affiliated tenants alike. Whether you're adding to your portfolio or purchasing your first multifamily investment, this duplex offers a proven rental history, strong cash flow, and excellent long-term investment potential. **Full Capital Expenditures Report Available Upon Request**
Listing Highlights for 30445 Oak St
Status
Active
Days on Site
48
Property Type
Residential
MLS ®
MDSO2007900
Year Built
2006
Total Square Footage
1,920
Lot/Acreage
0.22
Interior Details
- Bedrooms: 5
- Bathrooms: 3 Full
- Appliances: Refrigerator, Dishwasher, Oven/Range - Electric, Stove, Water Heater
- Air Cond: Central A/C
- Heating: Heat Pump(s)
- Fireplaces:
- Floor: Luxury Vinyl Plank,Carpet
- Above Ground Sq Ft: 1920
- Basement:
- Other: 2nd Kitchen,Bathroom - Tub Shower,Carpet,Ceiling Fan(s),Entry Level Bedroom,Kitchen - Eat-In,Recessed Lighting,Main Floor Bedrooms: 5
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No,In City Limits
- Garage Capacity: N/A
- Parking Spaces: 8
- Zoning: R-1
- Roof: Architectural Shingle
- Others: Gutter System,Excellent
- Sewer: Public Sewer
- Parking Features: Gravel Driveway,Driveway,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Financial Details
- Tax Amount: $3,167
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2026
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Listing Location
Questions About..
30445 Oak St Princess Anne, MD 21853
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 -
