Contemporary
230 LAKEWOOD DRIVE
SALISBURY , MD 21804
MLS#: MDWC2014740
$475,000
Property
Beds
6
Full Baths
None
1/2 Baths
None
Year Built
2002
Sq.Footage
2,688
Investment Opportunity in a Strong Rental Market 2 unit, 2688 Square Foot Duplex on Tony Tank Pond consisting of Two, Four Bedroom/Two bath units Rental Income of $50,780 and NOI of $36,213 which includes professional management. Both units are in great condition with no deferred maintenance. Tenants are responsible for all utilities & water/sewer. The leases are designed to give the Landlord 12 days to turn the unit while rent is still being paid. Both units are fully rented for 2024/2025 school year. Buyers can tour the interior of the units with an agreed upon LOI.
Features & Amenities
Interior
-
Total Bedrooms
6
-
Bathrooms
N/A
-
Above Grade Finished Area
2688.0
-
Cooling YN
YES
-
Cooling
Heat Pump, Electric
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Electric, Heat Pump
Exterior
-
Garage
No
-
Parking
Off Street, Parking Lot
-
Pool
Yes
-
Pool Features
None
-
Waterfront YN
YES
-
View
Water, Pond
Area & Lot
-
Lot Features
Corner Lot, Waterfront
-
Lot Size(acres)
0.34
-
Property Type
Residential Income
-
Property Sub Type
Duplex
-
Architectural Style
Contemporary
Price
-
Sales Price
$475,000
-
Tax Amount
4899.0
-
Sq. Footage
2, 688
-
Price/SqFt
$176
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Foundation Details
Block
-
Sewer
Public Sewer
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Location
County
WICOMICO
Elementary School
Middle School
High School
Listing Courtesy of Andrew Ball , SVN/Miller Commercial Real Estate
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