30445 OAK ST, Princess Anne, MD 21853
30445 OAK ST, Princess Anne, MD 21853
30445 OAK ST, Princess Anne, MD 21853
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Jason Freeby

Jason Freeby

+1(908) 443-1405
Listed by Nicole Schreibstein Abbott • Northrop Realty
$300,000
Est. payment /mo
5 Beds
3 Baths
1,920 SqFt
Save

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,920 sqft

Price per Sqft $156

Subdivision None Available

MLS Listing ID MDSO2007900

Style Ranch/Rambler

Bedrooms 5

Full Baths 3

HOA Y/N N

Abv Grd Liv Area 1,920

Year Built 2006

Annual Tax Amount $3,167

Tax Year 2026

Lot Size 9,415 Sqft

Acres 0.22

Property Sub-Type Detached

Source BRIGHT

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**

Location

State MD

County Somerset

Area Somerset East Of Rt-13 (20-02)

Zoning R-1

Rooms

Main Level Bedrooms 5

Interior

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

Hot Water Electric

Heating Heat Pump(s)

Cooling Central A/C

Flooring Luxury Vinyl Plank, Carpet

Equipment Refrigerator, Dishwasher, Oven/Range - Electric, Stove, Water Heater

Appliance Refrigerator, Dishwasher, Oven/Range - Electric, Stove, Water Heater

Heat Source Electric

Exterior

Garage Spaces 8.0

Water Access N

Roof Type Architectural Shingle

Accessibility Other

Total Parking Spaces 8

Garage N

Private Pool No

Building

Story 1

Foundation Crawl Space

Above Ground Finished SqFt 1920

Sewer Public Sewer

Water Public

Architectural Style Ranch/Rambler

Level or Stories 1

Additional Building Above Grade, Below Grade

Structure Type Dry Wall

New Construction N

Schools

School District Somerset County Public Schools

Others

Senior Community No

Tax ID 2001031740

Ownership Fee Simple

SqFt Source 1920

Acceptable Financing Cash, Conventional, FHA, VA, Other

Listing Terms Cash, Conventional, FHA, VA, Other

Financing Cash,Conventional,FHA,VA,Other

Special Listing Condition Standard

Read Less Info
Bright MLS (BMLS)

NEARBY SCHOOLS & PROPERTIES

Jason Freeby

Jason Freeby

Broker

+1(908) 443-1405

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Freeby Lai Real Estate, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

LIKE WHAT YOU SEE?

30445 OAK ST