$275,000
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706 Madison Street Salisbury, MD 21804 Municipality: Salisbury
Single Family-Detached
Residence
3
Beds
1
Baths
...
Bed/Bath
2,032
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
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INVESTOR ALERT -- * * * 706 Madison * * * Recently-remodeled 3BR/1BA home w/finished basement. Currently rented for $1,450/mo. Owner pays taxes + insurance. Water + sewer bills are tenant-reimbursed to seller. On the same parcel is a 2BR/1BA cottage in nice condition - potentially used as a guest h...ouse, home office, studio, etc. Buyer should confirm with the city if they would allow it to be used as an additional rental unit. * * * Also Available * * * 711 Webster Street* * * 2-story triplex consists of 3 rental units in very good condition - substantial upgrades w/in the last 5 years. Unit 1: 2nd-floor 1BR/1BA, rented for $550/mo. Unit 2 - 1st floor 1BR/1BA, rented for $675/mo. Unit 3 - 1st floor, 1BR/1BA w/a great kitchen, rented for $875/mo. Landlord pays taxes, insurance, water + sewer bills, + natural gas bill during the winter. Window AC units for each apartment, which is separately metered for electric, paid by the tenants. Attached workshop/storage attached. All units have full risk reduction lead-based paint certificates. *** 709 Webster serves as parking for 711 Webster *** Although not yet subdivided, potential for a building lot that fronts on Madison and Webster streets. *** 709-711 Webster can be purchased separately for $245,000, or all 3 parcels can be sold as a package for a $25,000 reduced rate of $495,000.
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MLS#
MDWC2019036
Property Type
Single Family-Detached
Bedrooms
3
Bathrooms
1 Full
Year Built
1935
Square Feet
2,032
sq. ft
Price per Sq. Ft.
$168.50
Lot Size
0.14
Stories
1.5
Sewer
Sewer Available, Public Sewer
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