111 W SALISBURY ST Active Save Request In-Person Tour Request Virtual Tour
Williamsport,MD 21795
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 4,362 sqft
Price per Sqft $131
MLS Listing ID MDWA2030110
Year Built 1904
Annual Tax Amount $2,761
Tax Year 2024
Lot Size 6,098 Sqft
Property Sub-Type Five Or More Units
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!
Location
State MD
County Washington
Zoning U
Interior
Hot Water Electric
Heating Hot Water,Other
Cooling Window Unit(s)
Exterior
Garage Spaces 8.0
Water Access N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
Elementary Schools Call School Board
Middle Schools Call School Board
High Schools Williamsport
School District Washington County Public Schools
Others
Special Listing Condition Standard