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For sale
  • $275,000

    706 Madison St, Salisbury, MD 21804

    3beds
    2,032sqft
    : 
    Single Family Residence
    Built in 1935
    6,050 Square Feet Lot
    $272,400 Zestimate®
    $135/sqft
    $-- HOA

    What's special

    Finished basementGreat kitchen
    INVESTOR ALERT -- * * * 706 Madison * * * Recently-remodeled 3BR/1BA home w/finished basement. Currently rented for $1,450/mo. Owner pays taxes + insurance. Water + sewer bills are tenant-reimbursed to seller. On the same parcel is a 2BR/1BA cottage in nice condition - potentially used as a guest house, home office, studio, etc. Buyer should confirm with the city if they would allow it to be used as an additional rental unit. * * * Also Available * * * 711 Webster Street* * * 2-story triplex consists of 3 rental units in very good condition - substantial upgrades w/in the last 5 years. Unit 1: 2nd-floor 1BR/1BA, rented for $550/mo. Unit 2 - 1st floor 1BR/1BA, rented for $675/mo. Unit 3 - 1st floor, 1BR/1BA w/a great kitchen, rented for $875/mo. Landlord pays taxes, insurance, water + sewer bills, + natural gas bill during the winter. Window AC units for each apartment, which is separately metered for electric, paid by the tenants. Attached workshop/storage attached. All units have full risk reduction lead-based paint certificates. *** 709 Webster serves as parking for 711 Webster *** Although not yet subdivided, potential for a building lot that fronts on Madison and Webster streets. *** 709-711 Webster can be purchased separately for $245,000, or all 3 parcels can be sold as a package for a $25,000 reduced rate of $495,000.
    26 days
    on Zillow
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    Zillow last checked: 7 hours ago

    Listing updated: July 22, 2025 at 03:40am

    Listed by:

    Brandon Brittingham 443-783-3928,

    EXP Realty, LLC 8888607369

    Source: Bright MLS,MLS#: MDWC2019036MLS Logo
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    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 2
    Basement
    • Area: 816
    Heating
    • Baseboard, Natural Gas
    Cooling
    • Central Air, Heat Pump, Electric
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Refrigerator, Cooktop, Washer, Water Heater, Electric Water Heater
    • Laundry: In Basement
    Features
    • Dining Area, Entry Level Bedroom, Floor Plan - Traditional, Kitchen - Efficiency, Dry Wall
    • Flooring: Carpet, Hardwood, Vinyl
    • Basement: Finished,Interior Entry
    • Has fireplace: No
    Interior area
    • Total structure area: 2,448
    • Total interior livable area: 2,032 sqft
    • Finished area above ground: 1,632
    • Finished area below ground: 400

    Property

    Parking
    • Parking features: Driveway
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: 2+ Access Exits
    Features
    • Levels: One and One Half
    • Stories: 1.5
    • Patio & porch: Porch, Screened
    • Pool features: None
    Lot
    • Size: 6,050 Square Feet
    Details
    • Additional structures: Above Grade, Below Grade
    • Has additional parcels: Yes
    • Parcel number: 2313033102
    • Zoning: R8
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Cottage
    • Property subtype: Single Family Residence
    Materials
    • Block, Brick Front, Frame, Stick Built, Vinyl Siding
    • Foundation: Brick/Mortar
    Condition
    • New construction: No
    • Year built: 1935
    • Major remodel year: 2022

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available, Cable

    Community & HOA

    Community
    • Subdivision: None Available
    HOA
    • Has HOA: No
    Location
    • Region: Salisbury
    • Municipality: Salisbury

    Financial & listing details

    • Price per square foot: $135/sqft
    • Tax assessed value: $96,467
    • Annual tax amount: $1,693
    • Date on market: 7/22/2025
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Bank Portfolio,Cash,Conventional
    • Ownership: Fee Simple
    • Total actual rent: 17400
    • Road surface type: Black Top
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