$575,000

111 W SALISBURY ST, Williamsport, MD 21795

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1904
  • Property Lot Size Icon6,098sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 day ago

Property Description

Turnkey 6-Unit Apartment Building with Additional Lot – Prime Williamsport Location Introducing a well-maintained and income-producing 6-unit apartment building located at 111 West Salisbury Street in the heart of Williamsport, Maryland. This solid investment property features five 1-bedroom units and one large 3-bedroom, 2-bath unit, with a gross annual rental income of $59,400. The building underwent a major renovation in the 1980s, updating both electrical and plumbing systems, and more recently received a new roof in 2022, adding long-term value and reducing future capital expense needs. The property is in overall good condition, and while current rents may be slightly below market, there is room for value-add through rent adjustments, offering strong upside potential for investors. The lot/parcel may allow for potential for future development or expansion, making this an even more attractive investment opportunity. Situated in a convenient location close to I-81 and I-70, this property is easily accessible and near parks, shopping centers, and schools, making it appealing to tenants. Whether you're looking to expand your real estate portfolio or acquire a stable, long-term investment, this property offers immediate income with future growth opportunity. A rare opportunity in a desirable location—schedule your showing today!

Listing Status:
Active
Listing Office:
Samson Properties : 3018828710
Listing Agent:
Steven L Powell : 3019917990
MLS ID:
MDWA2030110
  • A/C: Window Unit(s)
  • Heating: Hot WaterOtherOil
  • Disability Feature: None

This listing courtesy of Steven L Powell, Samson Properties

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

W

Willamsport Elementary School

1 S Clifton Dr, Williamsport, MD, 21795

Grades PK-5

0.78 miles away

S

Springfield Middle School

334 Sunset Ave, Williamsport, MD, 21795

Grades 6-8

0.76 miles away

W

Williamsport High School

5 S Clifton Dr, Williamsport, MD, 21795

Grades 9-12

0.75 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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