30445 Oak St, Princess Anne, MD 21853
- $300,000
- 5
- BD
- 3
- BA
- 1,920
- SqFt
- List Price
- $300,000
- Days on Market
- 3
- MLS#
- MDSO2007900
- Status
- ACTIVE
- Type
- Single Family Residential
- Style
- Ranch/Rambler
- Year Built
- 2006
- Bedrooms
- 5
- Full-baths
- 3
- County
- Somerset
- Region
- Somerset East of Rt-13 (20-02)
- Neighborhood
- None Available
- Subdivision
- None Available
Property Description
Turnkey income-producing duplex in the heart of Princess Anne! This well-maintained 5 Bed/ 3 Bath Home, which features two units. One is 3-bedroom, 2-bath unit, and the other is a 2-bedroom, 1-bath unit generating $2,320/month in rental income with the potential to easily generate $3,000/ month based on recent market rents. Current Cap Rate 5.77% with Market Potential of 8.08%. Both units are occupied with stable tenants, including one since 2025 and the second since 2020, providing immediate cash flow from day one. A new HVAC system was installed in Unit B in 2025, and in 2019 for Unit A. Unit A has been recently updated. Separately metered electric keeps operating costs low, and the strong local rental market continues to support long-term demand. Conveniently located near UMES, healthcare, county employers, and the US Route 13 corridor, this property attracts workforce and university-affiliated tenants alike. Whether you're adding to your portfolio or purchasing your first multifamily investment, this duplex offers a proven rental history, strong cash flow, and excellent long-term investment potential. **Full Capital Expenditures Report Available Upon Request**
Additional Information
- Acres
- 0.22
- Lot Size
- 9,583
- Living Area
- 1,920
- Exterior Features
- Gutter System
- Roof
- Architectural Shingle
- Appliances
- Refrigerator, Dishwasher, Oven/Range - Electric, Stove, Water Heater
- Cooling
- Central A/C
- Heating
- Heat Pump(s)
- Taxes
- $3,167
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Listing courtesy of Northrop Realty. Contact: (302) 539-0800