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707-737 N Westover Dr
Salisbury, MD 21801

$2,000,000 USD

Apartments For Sale  •  8,448 SF

Property Details

  • Property Type Apartments
  • Total Building Size 8,448 SF
  • Lot Size 1.29 AC
  • Building Class C
  • Year Built 1947
  • Cap Rate 9.50 %
  • Zoning Residential
0 Transit Score
30 Walk Score

Highlights

16 single family homes in great location, all long-term tenants with excellent cash flow!! Most homes getting $11100 a month plus utilities.
Great location, affordable housing in Salisbury Md. Very low operating expences!

Financial Summary (Actual)

Net Operating Income: $191,200 USD (2024)
Cap Rate: 9.50 %
Total Expenses: $20,000 USD

Public Transportation

AirportDriveWalkDistance
Salisbury-Ocean City Wicomico Regional 18 min - 8.3 mi
Billy Barr 240-367-6122 Keller Williams Realty of Delmarva
Billy Barr 240-367-6122 Keller Williams Realty of Delmarva