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Richard Bridges

richard@buildwithbridges.com +1(571) 480-1333

Listed by Nicole Schreibstein Abbott • Northrop Realty

$ 275,000

Est. payment | -/mo

6 Beds

2 Baths

1,792 SqFt

Save

$ 275,000

Est. payment | -/mo

Save

6 Beds

2 Baths

1,792 SqFt

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,792 sqft

Price per Sqft $153

Subdivision None Available

MLS Listing ID MDSO2007542

Style Ranch/Rambler

Bedrooms 6

Full Baths 2

HOA Y/N N

Abv Grd Liv Area 1,792

Year Built 2006

Annual Tax Amount $4,124

Tax Year 2025

Lot Size 7,987 Sqft

Acres 0.18

Lot Dimensions 0.00 x 0.00

Property Sub-Type Detached

Source BRIGHT

Property Description

Turnkey income-producing duplex in the heart of Princess Anne! This well-maintained property features two 3-bedroom, 1-bath units generating $2,850/month in rental income with an impressive 8.5% cap rate. Both units are occupied with stable tenants, including one since 2024 and the second approaching one year, providing immediate cash flow from day one. Unit A was extensively renovated in 2026 with new HVAC, siding, flooring, appliances and additional updates, while the roof was installed in 2006. Separately metered electric keeps operating costs low, and the strong local rental market continues to support long-term demand. Conveniently located near UMES, healthcare, county employers, and the US Route 13 corridor, this property attracts workforce and university-affiliated tenants alike. Whether you're adding to your portfolio or purchasing your first multifamily investment, this duplex offers a proven rental history, strong cash flow, and excellent long-term investment potential. **Full Capital Expenditures Report Available Upon Request**

Location

State MD

County Somerset

Area Somerset East Of Rt-13 (20-02)

Zoning R-1

Rooms

Main Level Bedrooms 6

Interior

Interior Features Carpet, Ceiling Fan(s)

Hot Water Electric

Heating Heat Pump(s)

Cooling Central A/C

Flooring Carpet

Equipment Refrigerator, Stove, Oven/Range - Electric, Dishwasher

Fireplace N

Appliance Refrigerator, Stove, Oven/Range - Electric, Dishwasher

Heat Source Electric

Exterior

Garage Spaces 6.0

Water Access N

Roof Type Architectural Shingle

Accessibility Other, Level Entry - Main

Total Parking Spaces 6

Garage N

Building

Lot Description Cleared, Level

Story 1

Foundation Crawl Space

Above Ground Finished SqFt 1792

Sewer Public Sewer

Water Public

Architectural Style Ranch/Rambler

Level or Stories 1

Additional Building Above Grade, Below Grade

Structure Type Dry Wall

New Construction N

Schools

School District Somerset County Public Schools

Others

Senior Community No

Tax ID 2015005394

Ownership Fee Simple

SqFt Source 1792

Special Listing Condition Standard

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(571) 480-1333

richard@buildwithbridges.com

14291 Park Meadow Dr, Chantilly, VA, 20151, USA

30733 ANTIOCH AVE #UNIT A & B Princess Anne, MD 21853