Bought with Andrew Ball • SVN/Miller Commercial Real Estate
$1,000,000
$1,050,000
4.8%For more information regarding the value of a property, please contact us for a free consultation.
809 HANSON ST Salisbury, MD 21801
3,192 SqFt
Key Details
Sold Price $1,000,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 3,192 sqft
Price per Sqft $313
MLS Listing ID MDWC2016776
Sold Date 05/31/25
Year Built 1988
Annual Tax Amount $8,163
Tax Year 2024
Lot Size 0.310 Acres
Acres 0.31
Lot Dimensions 0.00 x 0.00
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
This is a well-maintained 8-unit multifamily property in Salisbury, MD that makes for an excellent cash-flowing investment opportunity, which offers a prime location for renters looking for proximity to local educational and healthcare institutions. The property consists of three separate buildings, offering a mix of 1 and 2 bedroom apartments, all having their own washer and dryer, central heating and air and are separately metered. As it pertains to the floor plan for each apartment, the one or two bedroom apartments are identical with comfortable living spaces and onsite parking, adding convenience for residents. With its steady rental income and strong location, this property makes for an ideal addition to any investment portfolio.
Location
State MD
County Wicomico
Area Wicomico Southwest (23-03)
Zoning OSR
Interior
Hot Water Electric
Heating Heat Pump(s)
Cooling Central A/C
Heat Source Electric
Exterior
Garage Spaces 20.0
Water Access N
Accessibility Ramp - Main Level
Total Parking Spaces 20
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Wicomico County Public Schools
Others
Tax ID 2313032262
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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