Bought with Donna Malone • Long & Foster Real Estate, Inc.
$250,000
$275,000
9.1%For more information regarding the value of a property, please contact us for a free consultation.
30733-UNIT A & B ANTIOCH EXT AVE Princess Anne, MD 21853
1,792 SqFt
Key Details
Sold Price $250,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,792 sqft
Price per Sqft $139
Subdivision None Available
MLS Listing ID MDSO2007538
Sold Date 08/31/26
Style Ranch/Rambler
Abv Grd Liv Area 1,792
Year Built 2006
Annual Tax Amount $4,124
Tax Year 2025
Lot Size 7,987 Sqft
Acres 0.18
Property Sub-Type Detached
Source BRIGHT
Property Description
Turnkey income-producing duplex in the heart of Princess Anne! This well-maintained property features two 3-bedroom, 1-bath units generating $2,850/month in rental income with an impressive 8.5% cap rate. Both units are occupied with stable tenants, including one since 2024 and the second approaching one year, providing immediate cash flow from day one. Unit A was extensively renovated in 2026 with new HVAC, siding, flooring, appliances and additional updates, while the roof was installed in 2006. 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**
Location
State MD
County Somerset
Area Somerset East Of Rt-13 (20-02)
Zoning R-1
Interior
Interior Features Carpet, Ceiling Fan(s)
Hot Water Electric
Heating Heat Pump(s)
Cooling Central A/C
Flooring Carpet
Equipment Dishwasher, Refrigerator, Stove, Oven/Range - Electric, Washer, Dryer
Fireplace N
Appliance Dishwasher, Refrigerator, Stove, Oven/Range - Electric, Washer, Dryer
Heat Source Electric
Exterior
Garage Spaces 6.0
Water Access N
Roof Type Architectural Shingle
Accessibility Other, Level Entry - Main
Total Parking Spaces 6
Garage N
Private Pool No
Building
Lot Description Cleared, Level
Foundation Crawl Space
Above Ground Finished SqFt 1792
Sewer Public Sewer
Water Public
Architectural Style Ranch/Rambler
Additional Building Above Grade, Below Grade
Structure Type Dry Wall
New Construction N
Schools
School District Somerset County Public Schools
Others
Tax ID 2015005394
Ownership Fee Simple
SqFt Source 1792
Special Listing Condition Standard
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