Lake Homes Realty
Enter City or Zip

230 lakewood drive

SALISBURY, MD 21804

0.34 AC LOT
Multi-Family-Duplex
Acreage 0.34
Status Off Market
MLS # MDWC2014740
County WICOMICO-MD
More Info
Category Multi-Family-Duplex
Status Off Market
Acreage 0.34
MLS # MDWC2014740
County WICOMICO-MD
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.
Location not available

Exterior Features

  • Style Contemporary
  • Construction Single Family
  • Siding Combination
  • Garage No
  • Water Public
  • Sewer Public Sewer

Interior Features

  • Heating Heat Pump(s)
  • Cooling Heat Pump(s)
  • Year Built 2002

Financial Information

  • Zoning R-5