38 W POTOMAC Street W, Williamsport, MD 21795
MULTI_FAMILY - WILLIAMSPORT, MD
- Added:
- Jul 4, 2026
- Days on Market:
- 3
- Last Refresh:
- Jul 6 at 7:06 am
Property Features for 38 W POTOMAC Street W
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking features
- On Street
- Interior features
- Window Treatments
- Appliances
- Refrigerator, Stove
- Standard status
- Active
- Size
- 2,400 SF
- Lot size
- 0.14 Acres
Taxes and HOA fees
- Tax Annual Amount
- 2298
Utilities
- Heating system
- Baseboard, Electric (Heating)
- Cooling system
- Window Unit(s)
Building Details
- Year built
- 1878
- Number of units
- 2
- Building materials
- Vinyl Siding
Listing agent Megan E Icenhour License #5022553 (304) 671-2881
Listing office Keller Williams Realty Advantage 3684 Shepherdstown Road, Martinsburg, MD (304) 901-4886
Listing date Jul 4, 2026
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Duplex with approximately 2,400 SF on a 0.14‑acre lot on Potomac Street
- One side currently leased at $850/month on an annual lease; other side is owner occupied
- Metal roof installed in 2015; new shingle roofing in 2024, plus new gutters
- Updated siding, added insulation, and new smoke detectors
- Electric baseboard heating with window unit(s) cooling
- Includes refrigerator and stove; vinyl siding; on‑street parking
Overview
The property is located on W Potomac Street in Williamsport, Washington County, Maryland, offering a convenient setting within the area. The listing references Potomac Street access and a straightforward, level site.
For buyers seeking a residential income setup, this layout allows options to either continue renting one side while occupying the other, or to manage both units as part of an investment strategy. The current leasing status provides immediate occupancy on one side, while the owner-occupied side may support a future leasing plan. Buyer should verify all income, expenses, zoning, and intended use prior to purchase.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $38.9k | $16.20 |
| − Vacancy | −$2.9k | −$1.22 |
| EGI | $36.0k | $14.99 |
| − OpEx | −$10.8k | −$4.50 |
| NOI | $25.2k | $10.49 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Williamsport
- County
- Washington
- State
- Maryland
- Longitude
- -77.81926
- Latitude
- 39.60021
