MD > Westernport
Westernport, MD 21562,400 - 406 WALNUT STREET
Westernport, MD 21562,400 - 406 WALNUT STREET
Westernport, MD 21562,400 - 406 WALNUT STREET
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Graceann Tinney

Graceann Tinney

+1(267) 373-8244
Listed by Craig E See • Pioneer Ridge Realty
$220,000
Est. payment /mo
3,384 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Pending

Purchase Type For Sale

Square Footage 3,384 sqft

Price per Sqft $65

MLS Listing ID MDAL2011174

Style Traditional

Abv Grd Liv Area 3,384

Year Built 1949

Annual Tax Amount $562

Tax Year 2024

Lot Size 1,742 Sqft

Acres 0.04

Property Sub-Type Detached

Source BRIGHT

Property Description

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!

Location

State MD

County Allegany

Area Sw Allegany - Allegany County (Mdal9)

Zoning SUBURBAN / RESIDENTIAL

Interior

Hot Water Electric

Heating Baseboard - Electric

Cooling None

Flooring Laminated, Luxury Vinyl Plank

Fireplace N

Heat Source Electric

Exterior

Water Access N

View Street

Roof Type Rubber

Street Surface Paved

Accessibility None

Road Frontage City/County

Garage N

Building

Lot Description Premium, Road Frontage, Sloping

Foundation Block, Brick/Mortar

Above Ground Finished SqFt 3384

Sewer Public Sewer

Water Public

Architectural Style Traditional

Additional Building Above Grade, Below Grade

Structure Type Dry Wall,Paneled Walls

New Construction N

Schools

Elementary Schools Westernport

Middle Schools Westmar

High Schools Mountain Ridge

School District Allegany County Public Schools

Others

Tax ID 0108016852

Ownership Fee Simple

SqFt Source 3384

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

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Bright MLS (BMLS)

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Graceann Tinney

Graceann Tinney

Agent | RSRS344523

+1(267) 373-8244

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400 - 406 WALNUT STREET

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