Excellent duplex investment opportunity featuring two 1-bedroom, 1-bath units. The upper unit is currently tenant-occupied, providing immediate rental income, while the lower unit is vacant and ready for a new tenant or owner occupant. This property offers great potential for investors or buyers looking to live in one unit while generating income from the other.
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**
TURNKEY INVESTMENT OPPORTUNITY in Princess Anne, MD. This well located 2-Unit features two income producing units with occupied tenants. First unit; 3 Bed, 1 Full bath currently rented for $1,150/monthly. Second unit; 2 Bed, 1 Full bath currently rented for $1,000/monthly.. Situated just minutes from UMES college, this property offers strong rental potential with consistent demand. Ideal for investors seeking cash flow and long term growth in a prime location. Must See. Please contact listing agent directly.
Princess Anne is located in Maryland. Princess Anne, Maryland has a population of 3,415. Princess Anne is more family-centric than the surrounding county with 34.3% of the households containing married families with children. The county average for households married with children is 27.96%.
The median household income in Princess Anne, Maryland is $37,386. The median household income for the surrounding county is $48,661 compared to the national median of $69,021. The median age of people living in Princess Anne is 25.8 years.
The average high temperature in July is 88 degrees, with an average low temperature in January of 27 degrees. The average rainfall is approximately 45.4 inches per year, with 7.8 inches of snow per year.
