809 Hanson St
$1,050,000
809 Hanson St, Salisbury, MD 21801
1,112 sqft
Building Size
0.312 acres
Lot Area
Details:
Highlights:
- Prime Location: Conveniently located near local educational institutions, healthcare facilities, major employers, and entertainment options, ensuring strong rental demand.
- Excellent Unit Mix: 2 spacious 2-bedroom apartments and 6 comfortable 1-bedroom apartments, all with identical layouts.
- Modern Amenities: Each unit features its own washer and dryer, central heating and air, and is separately metered for utilities.
- Onsite Parking: Dedicated parking available for tenants, adding convenience to daily living.
- Strong Cash Flow: Proven steady rental income with consistent full occupancy, demonstrating high demand in the area.
- Turnkey Investment: Immediate income potential with established leases and a mix of upgraded units.
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.
Accessible from Rt 13 , minutes from Salisbury University and TidalHealth Peninsula Regional Hospital.
Documents:
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Location
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