304 GLEN AVE, Salisbury, MD 21804 - MLS#MDWC2015488

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Doug Strickland

doug@residentialguru.com +1(610) 724-3801

$7,000,000

Est. payment - /mo

43,909 SqFt

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UPDATED:

10/14/2024 03:15 PM

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 43,909 sqft

Price per Sqft $159

MLS Listing ID MDWC2015488

Originating Board BRIGHT

Year Built 1953

Annual Tax Amount $34,632

Tax Year 2024

Lot Size 4.540 Acres

Acres 4.54

Lot Dimensions 0.00 x 0.00

Property Description

52 apartments with 18 having been recently remodeled. This centrally located complex boasts brick exterior, stable rent roll, ample land for expansion. These apartments are still under current market rates giving plenty of upside for a buyer. This property has city water and sewer without having city taxes. Fiber internet is run throughout the property and several of the flat roofs have been recently replaced within the past 2 years.

Location

State MD

County Wicomico

Area Wicomico Northeast (23-02)

Zoning NA

Interior

Hot Water Electric

Heating Hot Water

Cooling Central A/C

Heat Source Natural Gas

Exterior

Garage Spaces 75.0

Waterfront N

Water Access N

Accessibility None

Parking Type Parking Lot

Total Parking Spaces 75

Garage N

Building

Sewer Public Septic

Water Public

New Construction N

Schools

School District Wicomico County Public Schools

Others

Tax ID 2305062535

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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Listed by Bret Davis • Keller Williams Realty Delmarva

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Doug Strickland

+1(610) 724-3801

Agent | License ID: RS275319

Agent License ID: RS275319

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