$275,000

Estimated payment $1,719/month

Total Views 19,502
-- Bed
-- Bath
1,832 Sq Ft
$150 Price per Sq Ft

Highlights

  • Second Kitchen
  • Victorian Architecture
  • More Than Two Accessible Exits
  • Main Floor Bedroom
  • Corner Lot
  • Ceiling Fan

About This Home

Whether you're an investor looking for 2 updated and separately metered rental units, a homeowner looking to live in one unit and rent the other, or are looking for a multi-generational home with an in-law or college student apartment - this property could make your real estate dreams come true! As of April 2025, the property has passed all inspections for rental registration This home retains the charm of a Victorian but with all new laminate flooring, updated bathrooms and kitchens, a 2 year old heat pump, a freshly painted exterior & interior, and off-street parking. The lower unit (A) has 2 bedrooms and1 full bath, a large open combination kitchen/dining/living area, a new in-unit washer & dryer, and front and rear exits. The upper unit (B) has 1-2 bedrooms and 1 full bath with an eat-in kitchen and a bonus office/sunroom; owner is preparing this unit for the Travel Nursing program and is planning to install a washer and dryer in this unit in August. You'll appreciate the convenience of off-street parking for 2 vehicles as well as ample on-street parking. The home, overlooking the corner of New York and N. Division, is very walkable with sidewalks in all directions and is just a few blocks from Business 13, a few minutes drive to Salisbury University and downtown shopping, and only 45 minutes to Ocean City beaches and many other Eastern Shore attractions! The updates have been completed for you - this property is ready for you to turn into an income-producing property or a single residence or a combination of the two! With nearby similar 1 and 2 bedroom units listed over $1300 per month, there is excellent rental income potential with this property! Unit B is vacant and available for showings with minimal notice; Unit A is occupied but is also available for showing with one day notice. Current occupant is a family member with potential for signing a lease with new owner if desired with tenant paying for gas, electric, water, sewer, and trash. Buyers and their agents should do their due diligence to confirm all information including utility and meter information, rental income potential, property taxes, schools, and local/state rental requirements. Agents - please see Agent Remarks and Disclosures for additional information.

Listing Agent

Jennifer Malcolm

EXP Realty, LLC License #WVS230302639 Listed on: 11/11/2024

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,396

Year Built

  • Built in 1920

Lot Details

  • 3,260 Sq Ft Lot
  • Corner Lot

Home Design

  • Duplex
  • Victorian Architecture

Interior Spaces

  • Main Floor Bedroom
  • 1,832 Sq Ft Home
  • Ceiling Fan
  • Second Kitchen

Parking

  • 2 Parking Spaces
  • 2 Off-Street Spaces
  • Driveway
  • On-Street Parking

Accessible Home Design

  • More Than Two Accessible Exits

Utilities

  • Heat Pump System
  • Natural Gas Water Heater

Community Details

  • 2 Units
  • 1 Vacant Unit

Listing and Financial Details

  • Assessor Parcel Number 2309044442

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,396

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Victorian
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 11/15/2024 12:00:00 AM
  • Year Built: 1920
  • Remarks Public: Whether you're an investor looking for 2 updated and separately metered rental units, a homeowner looking to live in one unit and rent the other, or are looking for a multi-generational home with an in-law or college student apartment - this property could make your real estate dreams come true! As of April 2025, the property has passed all inspections for rental registration This home retains the charm of a Victorian but with all new laminate flooring, updated bathrooms and kitchens, a 2 year old heat pump, a freshly painted exterior & interior, and off-street parking. The lower unit (A) has 2 bedrooms and1 full bath, a large open combination kitchen/dining/living area, a new in-unit washer & dryer, and front and rear exits. The upper unit (B) has 1-2 bedrooms and 1 full bath with an eat-in kitchen and a bonus office/sunroom; owner is preparing this unit for the Travel Nursing program and is planning to install a washer and dryer in this unit in August. You'll appreciate the convenience of off-street parking for 2 vehicles as well as ample on-street parking. The home, overlooking the corner of New York and N. Division, is very walkable with sidewalks in all directions and is just a few blocks from Business 13, a few minutes drive to Salisbury University and downtown shopping, and only 45 minutes to Ocean City beaches and many other Eastern Shore attractions! The updates have been completed for you - this property is ready for you to turn into an income-producing property or a single residence or a combination of the two! With nearby similar 1 and 2 bedroom units listed over $1300 per month, there is excellent rental income potential with this property! Unit B is vacant and available for showings with minimal notice; Unit A is occupied but is also available for showing with one day notice. Current occupant is a family member with potential for signing a lease with new owner if desired with tenant paying for gas, electric, water, sewer, and trash. Buyers and their agents should do their due diligence to confirm all information including utility and meter information, rental income potential, property taxes, schools, and local/state rental requirements. Agents - please see Agent Remarks and Disclosures for additional information.
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: 2nd Kitchen, Ceiling Fan(s), Entry Level Bedroom
  • Fireplace: No
  • Foundation Details: Other
  • Basement: No
  • Total Sq Ft: 1832
  • Living Area Sq Ft: 1832
  • Price Per Sq Ft: 150.11
  • Above Grade Finished Sq Ft: 1832
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 810

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Combination
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, On Street, Driveway
  • Off Street Parking Spaces: 2

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s), Ceiling Fan(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Natural Gas Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District: WICOMICO COUNTY PUBLIC SCHOOLS
  • School District Key: 121138751831
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: R
  • Lot Features: Corner
  • Lot Size Acres: 0.07
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3260.00
  • Year Assessed: 2024
  • Zoning: R8
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2396.00
  • Assessor Parcel Number: 2309044442
  • Tax Total Finished Sq Ft: 1832
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2024

Multi Family

  • Number Of Units Vacant: 1

MLS Schools

  • School District Name: WICOMICO COUNTY PUBLIC SCHOOLS

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,153 $120,300 $13,700 $106,600
2023 $909 $92,000 $0 $0
2022 $649 $63,700 $0 $0
2021 $724 $35,400 $13,700 $21,700
2020 $364 $35,267 $0 $0
2019 $368 $35,133 $0 $0
2018 $732 $35,000 $13,700 $21,300
2017 $722 $35,000 $0 $0
2016 $953 $35,000 $0 $0
2015 $953 $43,800 $0 $0
2014 $953 $43,800 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2025 07/23/25 Price Changed $275,000 +3.8% $150 / Sq Ft
07/01/2025 07/01/25 Price Changed $265,000 -3.6% $145 / Sq Ft
01/07/2025 01/07/25 Price Changed $275,000 -1.8% $150 / Sq Ft
11/11/2024 11/11/24 For Sale $280,000 -- $153 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Deed $116,500 Bright Ttl & Stlmt Svcs Llc
Deed $67,000 --
Deed $67,000 --
Deed $35,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $99,025 New Conventional
Previous Owner $100,000 Future Advance Clause Open End Mortgage
Source: Public Records

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Source: Bright MLS

MLS Number: MDWC2015708

Bright MLS

APN: 09-044442