400 Walnut St Westernport, MD 21562
Estimated payment $1,263/month
Highlights
- Premium Lot
- Paneling
- Electric Baseboard Heater
- Traditional Architecture
- Luxury Vinyl Plank Tile Flooring
- Property is in very good condition
About This Home
All the hard work is done—just start collecting rent! This freshly renovated 6-unit apartment building in Westernport, MD, is a prime opportunity to secure a long-term, income-producing asset in a community on the rise. With two efficiency units and four one-bedroom apartments, this property has the potential to generate over $44,000 in gross annual income. Each unit has been completely updated, featuring fresh paint, new flooring, and modernized kitchens and bathrooms, creating an attractive and comfortable living space for tenants. The exterior has been repainted, ensuring years of low-maintenance upkeep, while new electrical services, updated interior wiring, and plumbing replacements provide efficiency and reliability. Electric baseboard heating delivers cost-effective climate control for each unit. The unfinished basement presents an additional value-add opportunity—use it as spacious storage or transform it into an on-site laundry facility to further increase your income stream. Why start small when you can scale from the beginning? This configuration provides the income necessary to establish yourself as a successful real estate investor or serves as the perfect addition to an already thriving portfolio. The stock market won’t climb forever—hedge against inflation with a solid real estate investment. This is your chance to secure a high-performing, income-generating asset with immediate rental potential. Act now—opportunities like this don’t last!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $562
Year Built
- Built in 1949
Lot Details
- 1,742 Sq Ft Lot
- Premium Lot
- Sloped Lot
- Property is in very good condition
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Brick Foundation
- Block Foundation
- Rubber Roof
Interior Spaces
- 3,384 Sq Ft Home
- Paneling
Flooring
- Laminate
- Luxury Vinyl Plank Tile
Parking
- Public Parking
- On-Street Parking
Location
- Urban Location
Schools
- Westernport Elementary School
- Westmar Middle School
- Mountain Ridge High School
Utilities
- Electric Baseboard Heater
- Electric Water Heater
- Municipal Trash
Community Details
- 4 Units
Listing and Financial Details
- Assessor Parcel Number 0108016852
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/28/2025 07/28/25 | Pending | -- | -- | -- |
07/22/2025 07/22/25 | Price Changed | $224,900 | -6.3% | $66 / Sq Ft |
05/28/2025 05/28/25 | Price Changed | $239,900 | -4.0% | $71 / Sq Ft |
03/13/2025 03/13/25 | For Sale | $249,900 | -- | $74 / Sq Ft |
Source: Bright MLS
MLS Number: MDAL2011174

APN: 08-016852
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