Single Family Residence For Sale - 30445 OAK ST, PRINCESS ANNE, MD 21853

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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**

MLS# MDSO2007900

Northrop Realty

Active For Sale Residential

$300,000

5 beds • 3 baths • 1920 sqft

Single Family Residence

Detached

2006 Year built

10 days on market

Property Features

Area

1920

Roof

Architectural Shingle

Type

RES

Acres

0.22

Style

Ranch/Rambler

Cooling

Central A/C

Heating

Heat Pump(s)

Stories

Sub Type

SingleFamilyResidence

Bedrooms

Flooring

Luxury Vinyl Plank,Carpet

Bathrooms

Baths Full

Year Built

2006

Area Source

Assessor

Foundation

Crawl Space

Sub Type Text

Detached

Subdivision

NONE AVAILABLE

Construction

Combination,Frame,Mixed,Vinyl Siding

Accessibility

Other

Exterior Features

Gutter System

Interior Features

2nd Kitchen,Bathroom - Tub Shower,Carpet,Ceiling Fan(s),Entry Level Bedroom,Kitchen - Eat-In,Recessed Lighting

Lot Size Area Units

Square Feet

Location

Directions: Take US-13 South (also known as Ocean Highway) out of Salisbury, passing through Fruitland. Turn left onto UMES Blvd. At the traffic circle turn right onto Somerset Ave. After .6 mile turn right onto Oak St.

Market Area: Somerset East of Rt-13 (20-02)