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For sale
  • $249,900

    400-406 Walnut St, Westernport, MD 21562

    6beds
    --baths
    3,384sqft
    : 
    Multi Family
    Built in 1949
    -- sqft lot
    $-- Zestimate®
    $74/sqft
    $-- HOA

    What's special

    Electric baseboard heating
    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!
    44 days
    on Zillow
    |
    342
    |
    22
    |

    Zillow last checked: 7 hours ago

    Listing updated: March 26, 2025 at 08:36am

    Listed by:

    Craig See 304-813-1092,

    Pioneer Ridge Realty 304-813-1092,

    Listing Team: The Pioneers

    Source: Bright MLS,MLS#: MDAL2011174MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 400-406 Walnut St.

    Next available tour time:Tomorrow at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    Basement
    • Area: 0
    Heating
    • Baseboard, Electric
    Cooling
    • None
    Appliances
    • Included: Electric Water Heater
    Features
    • Dry Wall, Paneled Walls
    • Flooring: Laminate, Luxury Vinyl
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 3,384
    • Total interior livable area: 3,384 sqft

    Property

    Parking
    • Parking features: Public, On Street
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Pool features: None
    • Has view: Yes
    • View description: Street
    • Frontage type: Road Frontage
    Lot
    • Size: 1,742.4 Square Feet
    • Features: Premium, Sloped, Urban
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 0108016852
    • Zoning: SUBURBAN / RESIDENTIAL
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional
    • Property subtype: Multi Family
    Materials
    • Brick
    • Foundation: Block, Brick/Mortar
    • Roof: Rubber
    Condition
    • Very Good
    • New construction: No
    • Year built: 1949

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Westernport

    Financial & listing details

    • Price per square foot: $74/sqft
    • Tax assessed value: $34,633
    • Annual tax amount: $562
    • Date on market: 3/13/2025
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple
    • Road surface type: Paved
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