Listing provided courtesy of: Pioneer Ridge Realty.

400 - 406 Walnut Street

Westernport, MD 21562
$249,900
  • 3,384 SQFT
  • 4 BEDS
Status: Active
  • Est. Payment
    / mo

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!

Listing provided courtesy of: Pioneer Ridge Realty.

PROPERTY DETAILS

  • Price $249,900
  • Price / Sq Ft $74
  • Beds 4
  • Bldg/Unit Size (Sq Ft) 3,384
  • Building Units 4
  • Land/Lot Size (Sq Ft) 1,742
  • Property Type Residential Income
  • Year Built 1949
  • MLS Number MDAL2011174
  • Days on Market 14

TAXES & HOA

  • Annual Taxes (USD) $562
DISCLAIMERS, ANCILLARY INFO, DISCLOSURES & OTHER LEGAL STUFF

Listing provided courtesy of: Pioneer Ridge Realty. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. BRIGHT MLS assumes no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Information is deemed reliable but not guaranteed. © 2025 by BRIGHT MLS. All rights reserved. Listing last updated on 04/28/2025 11:46:07

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