BEDS5
BATHS3 full
SQUARE FEET1,920
MLS#MDSO2007900
STATUSACTIVE
PROPERTY TYPEResidential - Single Family
SCHOOLSOMERSET COUNTY PUBLIC SCHOOLS
Property Description
Turnkey income-producing duplex in the heart of Princess Anne! This well-maintained 5 Bed/ 3 Bath Home, which 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, county 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**
Property Features
Property Type: Residential - Single Family
Cooling: Central A/C
Fuel Type: Electric
Heating: Heat Pump(s)
Home Style: Ranch/Rambler
Lot Size: 0.22 Acres
Roof Type: Architectural Shingle
Stories: 1.0
Taxes: $3,167
Year Built: 2006
Feature Descriptions
Additional Structures: Above Grade, Below Grade
Appliances: Refrigerator, Dishwasher, Oven/Range - Electric, Stove, Water Heater
Exterior: Combination, Frame, Mixed, Vinyl Siding
Exterior: Gutter System
Flooring: Luxury Vinyl Plank, Carpet
Interior: 2nd Kitchen, Bathroom - Tub Shower, Carpet, Ceiling Fan(s), Entry Level Bedroom, Kitchen - Eat-In, Recessed Lighting
Location: Downtown
Lot Dimensions: 0.22 Acre(S)
Parking Features: Gravel Driveway
Parking Notes: 8 Total Parking Spaces
Sewer: Public Sewer
SQFT Above Finished: 1920
SQFT Total Finished: 1920
Structure Type: Detached
Total Garage/Parking Spaces: 8
Water: Public
Local Schools
School District: SOMERSET COUNTY PUBLIC SCHOOLS
Listed By / Shown By
Listed By
Agency Name: Northrop Realty
Agency Phone: 3025390800
Shown By
Agency Title: Berkshire Hathaway HomeServices Homesale Realty
Agency Phone: +18003833535
First AmericanEstimate Your Payment
Estimated Payment
$ 1,019.09 per month $667.67 Principal & Interest $263.92 Property Tax $87.50 Homeowner's Insurance
30445 Oak Street | MLS# MDSO2007900
This single family home located at 30445 Oak Street, Princess Anne, MD 21853 is currently listed for sale with an asking price of $300,000. This property was built in 2006 and has 5 bedrooms and 3 full baths with 1920 sq. ft. Oak Street is located within the SOMERSET COUNTY PUBLIC SCHOOLS school district. Search Princess Anne real estate on www.homesale.com today.