MD > Westernport
Westernport, MD 21562,400 - 406 WALNUT ST
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Westernport, MD 21562,400 - 406 WALNUT ST
Westernport, MD 21562,400 - 406 WALNUT ST
Westernport, MD 21562,400 - 406 WALNUT ST
Westernport, MD 21562,400 - 406 WALNUT ST
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Gladys David

Gladys David

+1(908) 361-7510
$ 249,900
Est. payment /mo
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400 - 406 WALNUT ST Westernport, MD 21562

UPDATED:

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 3,384 sqft

Price per Sqft $73

MLS Listing ID MDAL2011000

Originating Board BRIGHT

Year Built 1949

Annual Tax Amount $562

Tax Year 2024

Lot Size 1,700 Sqft

Acres 0.04

Property Sub-Type Five Or More Units

Property Description

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!

Location

State MD

County Allegany

Area Sw Allegany - Allegany County (Mdal9)

Zoning SUBURBAN / RESIDENTIAL

Interior

Hot Water Electric

Heating Baseboard - Electric

Cooling None

Flooring Laminated, Luxury Vinyl Plank

Heat Source Electric

Exterior

Water Access N

View Street

Roof Type Rubber

Street Surface Black Top

Accessibility None

Road Frontage Public, City/County

Garage N

Building

Lot Description Sloping, Road Frontage, Premium

Foundation Block, Brick/Mortar

Sewer Public Sewer

Water Public

New Construction N

Schools

Elementary Schools Westernport

Middle Schools Westmar

High Schools Mountain Ridge

School District Allegany County Public Schools

Others

Tax ID 0108016852

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Conventional, Cash

Listing Terms Conventional, Cash

Financing Conventional,Cash

Special Listing Condition Standard

Bright MLS (BMLS)
Listed by Craig E See • Pioneer Ridge Realty
agent

Gladys David

Agent

+1(908) 361-7510

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400 - 406 WALNUT ST