706 Madison St, Salisbury, MD 21804

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.