317 Chestnut Way Salisbury, MD ^$ 154,900

317 Chestnut Way

^$ 154,900

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317 Chestnut Way

Salisbury, MD, 21804

^$ 154,900

Bedrooms5 Baths2.0 Sq 1,596

Monthly Estimate*

^$ 1,030

317 Chestnut Way, Salisbury, MD 21804 - Image 1

317 Chestnut Way, Salisbury, MD 21804 - Image 2

317 Chestnut Way, Salisbury, MD 21804 - Image 3

Single Family Home for sale in Salisbury, MD

for $154,900 with 5 bedrooms and 2 full baths. This 1,596 square foot home was built in 1941 on a lot size of 0.17.

**Property is part of a larger portfolio and will not be sold individually.** Welcome to an exceptional investment opportunity! This diversified portfolio consists of 19 properties comprising a total of 20 units, primarily single-family homes, along with one duplex. With a gross annual rental income of $319,860, this portfolio offers a robust and steady income stream for savvy investors and with some properties being newly renovated and others offering value-add opportunities, the potential is limitless! Tenants are responsible for water, trash, sewer and lawn maintenance, ensuring minimal expenses for the property owner. All properties are located in Salisbury and Fruitland, so they benefit from a stable rental demand and strong long-term tenant occupancy. Whether youre a seasoned investor or just getting started in real estate, this portfolio offers the potential for significant returns and long-term wealth accumulation.

Single Family Pending

Price

^$ 154,900

Bedrooms

Full Bath

Property Type

Single Family

Taxes

^$ 110

Style

Lot Size

0.17

Year Built

1941

Town/City

Salisbury

County/Region

Wicomico

MLS | Web ID

MDWC2012478

Features

Interior

Heating Fuel Electric

Hot Water Electric

Basement (Y/N) N

Heating Y/N Y

Fireplace Y/N N

Above Grade Finished Area 1596

Full Baths 2

Street Suffix WAY

Central Air Y/N Y

Total Bedrooms 5

Below Grade Finished Area 0

Main Level Bedrooms 5

Below Grade Finished Area Unit Type Square Feet

Below Grade Finished Area Source Assessor

Above Grade Finished Area Source Estimated

Above Grade Finished Area Unit Type Square Feet

Total Baths 2

General

Sewer Private Septic Tank

Heating Central

Cooling Central A/C

Possession Immediate

Zoning R15

Architectural Style Other

Construction Materials Other

Year Built 1941

Levels 1

Tax Year 2023

Percent Ownership Fee Simple

Cool Fuel Electric

Building Name NONE AVAILABLE

Accessibility None

County WICOMICO

New Construction N

Property Type Residential

HOA / Comm Assn N

Subdivision Name NONE AVAILABLE

Garage Y/N N

Water Access Y/N N

Other Structures Above Grade Below Grade

Status PENDING

Directions Conveniently located by GPS!

City SALISBURY

Buyer Agent Compensation 2.5

Senior Community Y/N N

MLS Area Wicomico Northeast (23-02)

Lot Size Square Feet 7500.00

Waterfront Y/N N

Street Name CHESTNUT

Tax Annual Amount 110.0

Structure Type Detached

Condo/Coop Association Y/N N

Bathrooms Full Main Level 2

Bathrooms Count Main Level 2.00

Price Per Sq Ft 97.06

Vacation Rental Y/N N

Days on Market 39

Standard Status Pending

Year Built Source Estimated

Legal Subdivision MAPLE PLAINS

Tax Lot 19

Buyer Agent Compensation Type % Of Gross

Exterior

Pool No Pool

Water Source Private

Type of Parking Driveway

Foundation Details Block

Water View Y/N N

Lot Dimensions 0.00 x 0.00

Lot Size Acres 0.17

Lot Size Units Square Feet

Lot Size Source Assessor

Land Assessed Value 0.00

Navigable Water Y/N N

Water Oriented Y/N N

Internal Only

Street Number 1 317

* Excluded Features

List By

Keller Williams Realty Delmarva

Broker

acampbell@davis-strategic.com

Affordability Calculator

$1,039

Per Month

Monthly Principal & Interest: $1,030
Monthly Property Taxes: $9
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Single family listings in Salisbury, MD

Average List Price ^$337,695

Percent of Sale Price 118%

About Salisbury, MD

30,583 Population

17% Since 2002

^$39,846 Median Income

32.53 Median Age

30% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3533357 Elementary School

3533504 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/9/2024	$154,900		Listed Price

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317 Chestnut Way, Salisbury, MD, 21804 is a Single Family Home for sale at $154,900 with 1,596 sqft and a lot size of 0.17. 317 Chestnut Way has 5 bedrooms, 2.0 baths, and was built in 1941. The property's zip code is 21804 which is in Salisbury, MD

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BrightMLS Broker Reciprocity^SM program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Weichert, Realtors® participates, and is provided by BrightMLS through a licensing agreement.

Real estate listings held by brokerage firms other than Weichert, Realtors® are marked with the Broker Reciprocity icon (a little black house) and detailed information about each listing includes the name of the listing broker.

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317 Chestnut Way

Single Family Home for sale in Salisbury, MD

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