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MLS: #MDSO2007906, Listed By: Nicole Schreibstein Abbott, Northrop Realty, Source:Bright MLS

30445 Oak Street

PRINCESS ANNE, MD 21853
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Bed 5

Bed

Bath 0

Bath

SqFt1,920

Sqft

Acres0.22

Acre(Lot)

Turnkey income-producing duplex, walkable to Downtown Princess Anne! This well-maintained property 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, coun ty 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**

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Detail Ic Property Details

Property Type : Residential Income

Price : $300,000

AD Id : 91497988

MLS Id : MDSO2007906

Beds : 5

Lot Size : 0.22 Acre

Living Area Size : 1,920 Sq. Ft

Tax Amount : $3,167

Year Built : 2006

County : SOMERSET

Subdivision: None Available

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Feature Features

  • Bedroom Information

    Total beds: 5

    Room Information

    Basement: Crawl Space
  • Flooring Information

    Carpet, Vinyl
  • Roofing Information

    Shingle
  • Interior Features

    Eat-in Kitchen, Ceiling Fan(s), Recessed Lighting Roof: Shingle Appliances: Electric Range, Electric Oven, Cooktop, Electric Water Heater, Washer, Refrigerator, Dishwasher, Water Heater, Dryer
  • Heating & Cooling

    Has Heating: Yes Heating: Electric, Heat Pump Has Cooling: Yes Cooling: Central Air, Ceiling Fan(s), Electric

  • Building Information

    Year Built: 2006 Building Area Total: 1920 Construction Materials: Frame, Vinyl Siding Pool Features: None Private Pool: No
  • Exterior Features

    Exterior Features: Rain Gutters

  • Lot Information

    Lot Size Acres: 0.22 Lot Size Source: Assessor Lot Size Square Feet: 9415

    Property Information

    Subdivision: NONE AVAILABLE Source Property Type: Residential Income Property SubType: Duplex Property Age: 20

  • Listing Price Information

    Listing Price: $300000

  • Tax Information

    Parcel Number: 2001031740 Tax Lot: 4 Tax Year: 2026 Annual Tax: $3167

  • Parking Information

    Parking Total: 8 Gravel, Driveway

  • Location Information

    Direction: Take US-13 South (also known as Ocean Highway) out of Salisbury, passing through Fruitland. Turn left onto UMES Blvd. At the traffic circle turn right onto Somerset Ave. After .6 mile turn right onto Oak St. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
11691 Beechwood Street, Princess Anne, MD, 21853 $215,000 5 -- 1,664 0.14 Acre
11502 Beckford Avenue, Princess Anne, MD, 21853 $210,000 4 -- 1,698 0.24 Acre

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which ByOwner participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright © 2026 Bright MLS. All rights reserved.

ByOwner last updated this listing 09/28/2026 @ 16:00

MLS: MDSO2007906 LISTED BY: Nicole Schreibstein Abbott, Northrop Realty 302-539-0800 SOURCE: Bright MLS

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