**Property is part of a larger portfolio and will not be sold individually.** Welcome to an exceptional investment opportunity! This diversified portfolio consists of 19 properties comprising a total of 20 units, primarily single-family homes, along with one duplex. With a gross annual rental income of $319,860, this portfolio offers a robust and steady income stream for savvy investors and with some properties being newly renovated and others offering value-add opportunities, the potential is limitless! Tenants are responsible for water, trash, sewer and lawn maintenance, ensuring minimal expenses for the property owner. All properties are located in Salisbury and Fruitland, so they benefit from a stable rental demand and strong long-term tenant occupancy. Whether you’re a seasoned investor or just getting started in real estate, this portfolio offers the potential for significant returns and long-term wealth accumulation.
Sold
$154,900
317 Chestnut Way, Salisbury, MD 21804
5beds
1,596sqft
Single Family Residence
Built in 1941
7,500 sqft lot
$160,600 Zestimate®
$97/sqft
$-- HOA
What's special
Zillow last checked: 7 hours ago
Listing updated: July 08, 2024 at 03:42am
Listed by:
Aubrey Campbell 302-393-0169,
Keller Williams Realty Delmarva,
Co-Listing Team: The Davis Strategic Team, Co-Listing Agent: Bret Davis 410-677-0909,
Keller Williams Realty Delmarva
Bought with:
Aubrey Campbell, 5005561
Keller Williams Realty Delmarva
Source: Bright MLS,MLS#: MDWC2012478

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 5
Basement
- Area: 0
Heating
- Central, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Electric Water Heater
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 1,596
- Total interior livable area: 1,596 sqft
- Finished area above ground: 1,596
- Finished area below ground: 0
Property
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Pool features: None
Lot
- Size: 7,500 sqft
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 2305054060
- Zoning: R15
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Single Family Residence
Materials
- Other
- Foundation: Block
Condition
- New construction: No
- Year built: 1941
Utilities & green energy
- Sewer: Private Septic Tank
- Water: Private
Community & neighborhood
Location
- Region: Salisbury
- Subdivision: None Available
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
Services availability

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Sell for more than others on Zillow
Get a complimentary Zillow Showcase℠ listing and you could sell for .
$160,600
2% more+ $3,212
With Showcase(estimated)
$163,812