225 Broad St, Salisbury, MD 21801
Local realty services provided by:Better Homes and Gardens Real Estate Murphy & Co.
225 Broad St,Salisbury, MD 21801
$259,999
- 3 Beds
- - Baths
- 1,848 sq. ft.
- Multi-family
- Pending
Listed by:tyantha randall
Office:keller williams realty delmarva
MLS#:MDWC2018994
Source:BRIGHTMLS
Price summary
- Price:$259,999
- Price per sq. ft.:$140.69
About this home
**PRICE IMPROVEMENT** **BRING YOUR OFFERS** **SELLER SAYS SELL**
RARE INVESTMENT OPPORTUNITY – INCOME-PRODUCING MULTI-FAMILY HOME! Have you been looking for a versatile, income-generating property in the heart of downtown Salisbury? Now is the time! This charming two-unit multi-family home offers exceptional potential under its unique OSR zoning (Office, Service, Residential) — allowing for a wide range of uses including residential, office, or mixed-use purposes. This unique property provides an option to rent both units for maximum cash flow; live in one unit and rent the other; or have an office in one unit, live in or rent the other unit. Either option brings income potential!
The property has maintained its charm and character with hard wood flooring and a welcoming, flattering entryway. This one of a kind property is conveniently located within walking distances of downtown attractions, Tidal Health, Salisbury City Park and Zoo, and Salisbury University. Area destinations such as the beautiful beaches of Ocean City, Assateague Island and the Delaware Beaches are short drives away. The University of Maryland Eastern Shore and Wor-Wic Community College are easily accessible.
Whether you're a seasoned investor, first-time buyer, or small business owner looking for a live/work space, 225 Broad Street offers the flexibility, location, and income potential you’ve been waiting for.
FY2024 Net Operating Income $20,949.55 FY2023 Net Operating Income $18,665.80
Don’t miss out — schedule your private tour today!
Being sold "AS IS", therefore any inspections are for buyers' information only. Buyers and Buyer's Agent are encouraged to conduct their own due diligence and verify all information to their satisfaction, including but not limited to square footage, school district, zoning and usage, income, lot size and tax assessments.
Contact an agent
Home facts
- Year built:1930
- Listing ID #:MDWC2018994
- Added:76 day(s) ago
- Updated:October 05, 2025 at 07:35 AM
Rooms and interior
- Bedrooms:3
- Living area:1,848 sq. ft.
Heating and cooling
- Cooling:Ceiling Fan(s), Window Unit(s)
- Heating:Hot Water, Natural Gas
Structure and exterior
- Roof:Architectural Shingle
- Year built:1930
- Building area:1,848 sq. ft.
- Lot area:0.1 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$259,999
- Price per sq. ft.:$140.69
- Tax amount:$1,674 (2024)
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