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400 - 406 Walnut Street, 
Westernport, MD 21562

$249,900


4

Beds


Bath


3,384

Sq Ft


Multi-Family

Active

Listed by

Craig E See

Pioneer Ridge Realty

Last updated:

May 5, 2025, 01:59 PM

MLS#

MDAL2011174

Source:

BRIGHTMLS

About This Home

400 - 406 Walnut Street

All the hard work is done—just start collecting rent! This freshly renovated 6-unit apartment building in Westernport, MD, is a prime opportunity to secure a long-term, income-producing asset in a community on the rise. With two efficiency units and four one-bedroom apartments, this property has the potential to generate over $44,000 in gross annual income. Each unit has been completely updated, featuring fresh paint, new flooring, and modernized kitchens and bathrooms, creating an attractive and comfortable living space for tenants. The exterior has been repainted, ensuring years of low-maintenance upkeep, while new electrical services, updated interior wiring, and plumbing replacements provide efficiency and reliability. Electric baseboard heating delivers cost-effective climate control for each unit. The unfinished basement presents an additional value-add opportunity—use it as spacious storage or transform it into an on-site laundry facility to further increase your income stream. Why start small when you can scale from the beginning? This configuration provides the income necessary to establish yourself as a successful real estate investor or serves as the perfect addition to an already thriving portfolio. The stock market won’t climb forever—hedge against inflation with a solid real estate investment. This is your chance to secure a high-performing, income-generating asset with immediate rental potential. Act now—opportunities like this don’t last!

Home Facts

Multi-Family

4 Bedrooms

Built in 1949

Price Summary

249,900

$73 per Sq. Ft.

MLS #:

MDAL2011174

Last Updated:

May 5, 2025, 01:59 PM

Added:

1 month(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

4


Structure

Structure

Architectural Style:

Traditional

Building Area:

3,384 Sq. Ft.

Year Built:

1949


Lot

Lot Size (Sq. Ft):

1,742


Finances & Disclosures

Finances

Price:

$249,900

Price per Sq. Ft:

$73 per Sq. Ft.

Source:BRIGHTMLS
The information being provided by Bright MLS is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 Bright MLS All rights reserved.

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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.