217 Walnut Ln, Aberdeen, MD 21001

Local realty services provided by:Better Homes and Gardens Real Estate Valley Partners
217 Walnut Ln,Aberdeen, MD 21001
$550,000
  • 8 Beds
  • - Baths
  • 2,704 sq. ft.
  • Multi-family
  • Pending
Listed by: herbert lewis
Office: smart realty, llc.
MLS#:MDHR2050472
Source:BRIGHTMLS

Price summary

  • Price:$550,000
  • Price per sq. ft.:$203.4

About this home

Turnkey 4-Unit Investment | Stable Subsidized Income 225, 223, 219 & 217 Walnut Ln, Aberdeen, MD Excellent opportunity to acquire two duplexes (4 units total) on one lot just off Main Street in Aberdeen—walkable to downtown amenities. 4-plex asset with strong, reliable cash flow and minimal management demands. Property Details Built 1953 | Approx. 3,600 sq. ft. Four units: 2BR/1BA each Central A/C & heat, in-unit laundry, off-street parking Recent Improvements New roof (≈2 years) New HVAC (2025) Income & Expenses Gross rent: $6,095/month ($1,500–$1,595/unit) Rents paid through local subsidized housing programs Tenants pay all utilities except water (NOI upside via billing) Tenant Profile Long-term occupancy Newest tenant in place 3+ years Low turnover, stable payment history Why It Works Consistent cash flow Low maintenance due to recent upgrades Expense and rent-growth upside Strong rental demand location Summary A true turnkey 4-unit offering dependable

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Home facts

  • Year built:1950
  • Listing ID #:MDHR2050472
  • Added:1 day(s) ago
  • Updated:December 30, 2025 at 07:45 PM

Rooms and interior

  • Bedrooms:8
  • Living area:2,704 sq. ft.

Heating and cooling

  • Cooling:Central A/C
  • Heating:Central, Natural Gas

Structure and exterior

  • Roof:Shingle
  • Year built:1950
  • Building area:2,704 sq. ft.
  • Lot area:0.85 Acres

Utilities

  • Water:Public
  • Sewer:Public Septic, Public Sewer

Finances and disclosures

  • Price:$550,000
  • Price per sq. ft.:$203.4
  • Tax amount:$5,586 (2024)

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