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Listed by Brandon C Brittingham • EXP Realty, LLC

$275,000

Est. payment - /mo

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3 Beds

1 Bath

2,032 SqFt

New

706 MADISON ST Salisbury, MD 21804

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Dallas Jordan

dallasjordan@epique.me +1(706) 963-9045

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Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,032 sqft

Price per Sqft $135

Subdivision None Available

MLS Listing ID MDWC2019036

Style Cottage

Bedrooms 3

Full Baths 1

HOA Y/N N

Abv Grd Liv Area 1,632

Year Built 1935

Annual Tax Amount $1,693

Tax Year 2024

Lot Size 6,050 Sqft

Acres 0.14

Lot Dimensions 0.00 x 0.00

Property Sub-Type Detached

Source BRIGHT

Property Description

INVESTOR ALERT -- * * * 706 Madison * * * Recently-remodeled 3BR/1BA home w/finished basement. Currently rented for $1,450/mo. Owner pays taxes + insurance. Water + sewer bills are tenant-reimbursed to seller. On the same parcel is a 2BR/1BA cottage in nice condition - potentially used as a guest house, home office, studio, etc. Buyer should confirm with the city if they would allow it to be used as an additional rental unit. * * * Also Available * * * 711 Webster Street* * * 2-story triplex consists of 3 rental units in very good condition - substantial upgrades w/in the last 5 years. Unit 1: 2nd-floor 1BR/1BA, rented for $550/mo. Unit 2 - 1st floor 1BR/1BA, rented for $675/mo. Unit 3 - 1st floor, 1BR/1BA w/a great kitchen, rented for $875/mo. Landlord pays taxes, insurance, water + sewer bills, + natural gas bill during the winter. Window AC units for each apartment, which is separately metered for electric, paid by the tenants. Attached workshop/storage attached. All units have full risk reduction lead-based paint certificates. *** 709 Webster serves as parking for 711 Webster *** Although not yet subdivided, potential for a building lot that fronts on Madison and Webster streets. *** 709-711 Webster can be purchased separately for $245,000, or all 3 parcels can be sold as a package for a $25,000 reduced rate of $495,000.

Location

State MD

County Wicomico

Area Wicomico Southeast (23-04)

Zoning R8

Direction East

Rooms

Basement Fully Finished, Interior Access

Main Level Bedrooms 2

Interior

Interior Features Carpet, Dining Area, Entry Level Bedroom, Floor Plan - Traditional, Kitchen - Efficiency

Hot Water Electric

Heating Baseboard - Hot Water

Cooling Central A/C, Heat Pump(s)

Flooring Carpet, Hardwood, Vinyl

Equipment Dishwasher, Disposal, Dryer, Dryer - Gas, Refrigerator, Stove, Washer, Water Heater

Fireplace N

Appliance Dishwasher, Disposal, Dryer, Dryer - Gas, Refrigerator, Stove, Washer, Water Heater

Heat Source Natural Gas

Laundry Basement

Exterior

Exterior Feature Porch(es), Screened

Utilities Available Cable TV Available, Electric Available, Natural Gas Available, Sewer Available, Water Available

Water Access N

Street Surface Black Top

Accessibility 2+ Access Exits

Porch Porch(es), Screened

Road Frontage City/County

Garage N

Building

Story 1.5

Foundation Brick/Mortar

Sewer Public Sewer

Water Public

Architectural Style Cottage

Level or Stories 1.5

Additional Building Above Grade, Below Grade

Structure Type Dry Wall

New Construction N

Schools

School District Wicomico County Public Schools

Others

Senior Community No

Tax ID 2313033102

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Bank Portfolio, Cash, Conventional

Listing Terms Bank Portfolio, Cash, Conventional

Financing Bank Portfolio,Cash,Conventional

Special Listing Condition Standard

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Dallas Jordan

Agent | License ID: 5018161

+1(706) 963-9045

706 MADISON ST Salisbury, MD 21804

Dallas Jordan

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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706 MADISON ST