Turnkey income-producing duplex in the heart of Princess Anne! This well-maintained property features two 3-bedroom, 1-bath units generating $2,850/month in rental income with an impressive 8.5% cap rate. Both units are occupied with stable tenants, including one since 2024 and the second approaching one year, providing immediate cash flow from day one. Unit A was extensively renovated in 2026 with new HVAC, siding, flooring, appliances and additional updates, while the roof was installed in 2006. 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**
42 days
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152
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8
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Zillow last checked:
Listing updated:
Listed by:
Nicole Schreibstein Abbott240-750-8467,
Northrop Realty(302) 539-0800
Source: Bright MLS,MLS#: MDSO2007538
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 6
Bathrooms: 2
Basement
Area: 0
Heating
Heat Pump, Electric
Cooling
Central Air, Electric
Appliances
Included: Dishwasher, Refrigerator, Cooktop, Oven/Range - Electric, Washer, Dryer, Electric Water Heater
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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