400 - 406 Walnut Street, Westernport, MD 21562

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. … read more …