Property

Williamsport, MD 21795 111 W Salisbury Street

111 W Salisbury Street Williamsport, MD - Image 1111 W Salisbury Street Williamsport, MD - Image 2
Presented By: Samson Properties
  • MLS# MDWA2030110
  • 07/13/2025
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Disclaimer: The information contained in this listing has not been verified by Jhony Leyva | Your Local REALTOR® and should be verified by the buyer.
  • SQFT • 4,362

Home Details

Turnkey 6-Unit Apartment Building with Additional Lot Prime Williamsport Location Introducing a well-maintained and income-producing 6-unit apartment building located at 111 West Salisbury Street in the heart of Williamsport, Maryland. This solid investment property features five 1-bedroom units and one large 3-bedroom, 2-bath unit, with a gross annual rental income of $59,400. The building underwent a major renovation in the 1980s, updating both electrical and plumbing systems, and more recently received a new roof in 2022, adding long-term value and reducing future capital expense needs. The property is in overall good condition, and while current rents may be slightly below market, there is room for value-add through rent adjustments, offering strong upside potential for investors. The lot/parcel may allow for potential for future development or expansion, making this an even more attractive investment opportunity. Situated in a convenient location close to I-81 and I-70, this property is easily accessible and near parks, shopping centers, and schools, making it appealing to tenants. Whether you're looking to expand your real estate portfolio or acquire a stable, long-term investment, this property offers immediate income with future growth opportunity. A rare opportunity in a desirable locationschedule your showing today!
Presented By: Samson Properties

Interior Features for 111 W Salisbury Street

Other Interior Features

Central Air Y/NNo
Heating FuelOil
Heating Y/NYes
Hot WaterElectric

General for 111 W Salisbury Street

AccessibilityNone
Business TypeApartment Building
Cap Rate9.00
CityWILLIAMSPORT
Construction MaterialsVinyl Siding, Other
Cool FuelElectric
CoolingWindow Unit(s)
CountyWASHINGTON
DirectionsRt11 to left on Vermont street to right on W Salisbury. Property on corner
HeatingHot Water, Other
Lease Considered Y/NNo
Lot Size Square Feet6098.00
Lot Size UnitsSquare Feet
ModificationTimestamp2025-08-06T10:30:19
MunicipalityWilliamsport
Net Operating Income49000.00
New ConstructionNo
Number Of Units Total6
OwnerPaysHeat, Taxes - Personal property, Repairs, Insurance
OwnershipFee Simple
PossessionSettlement, Subject to Existing Lease
Price Per Sq Ft Total AG131.82
Property ConditionGood
Property SubtypeFive Or More Units
Property TypeCommercial Sale
Property UseInvestment
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Tax Annual Amount2761.0
Tax Assessed Value206333.0
Tax Lot2
Tax Year2024
Total Actual Rent59400.00
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1904
Year Built SourceAssessor
ZoningU

Exterior for 111 W Salisbury Street

Building Area Total4362.00
Car Parking Spaces6
Land Assessed Value60600.00
Land Use CodeM
Lot Size Acres0.14
Lot Size SourceAssessor
Navigable Water Y/NNo
Total Loading Docks0
Total Parking Spaces8
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo

Additional Details

Price History

Jhony Leyva

Realtor
Price $575,000
MLS#MDWA2030110
List Date 07/13/2025
Property Type Commercial
Phone 571.247.7543
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Phone

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