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111 W Salisbury St Williamsport, MD 21795

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For Sale
$575,000

Well-maintained 6-unit building with income and development potential.

Lot size:
0.14 Acres

Property Features for 111 W Salisbury St

General Information

Property type
Investment
Standard status
Active
Lot size
0.14 Acres

Building Details

Year built
1904

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Listing Contact
Steven L Powell
Steven L Powell
Source: Elliman

Listing Agency: SAMSON PROPERTIES Listing Agent: Steven L Powell

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Turnkey Apartment Building in Williamsport

Located in Williamsport, Maryland, this is a 6-unit apartment building featuring five 1-bedroom units and one 3-bedroom, 2-bath unit. The property generates a gross annual rental income of $59,400. A major renovation in the 1980s updated the electrical and plumbing systems. The building received a new roof in 2022. The property is in overall good condition. Current rents may be slightly below market, allowing for potential rent adjustments. The lot may allow for potential future development or expansion. The property is situated in a convenient location close to I-81 and I-70, near parks, shopping centers, and schools. This property offers immediate income with future growth opportunity.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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City
Williamsport
County
Washington
State
Maryland
Longitude
-77.824111
Latitude
39.599162

FAQs

What type of property is this?
Apartment building - Well-maintained 6-unit building with income and development potential.
Where is this apartment building located?
The property is located at 111 W Salisbury St Williamsport, MD.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: - Income-producing 6-unit apartment building with $59,400 gross annual rental income.; - New roof installed in 2022, reducing future capital expenses.; - Prime Williamsport location with convenient access to I-81 and I-70, near parks, shopping, and schools.
More about this property
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