$300,000
30445 Oak St, Princess Anne, MD, 21853
1,920
Square feet
0.22
Acres
Turnkey income-producing duplex, walkable to Downtown Princess Anne! This well-maintained property 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**
Listing Details
| Office | Northrop Realty |
|---|---|
| Contact Info | (302) 539-0800 |
Facts & Features
| MLS® # | MDSO2007906 |
|---|---|
| Price | $300,000 |
| Square Footage | 1,920 |
| Acres | 0.22 |
| Year Built | 2006 |
| Type | Multi-Family |
| Sub-Type | Duplex,Detached |
| Style | Ranch/Rambler |
| Status | Active |
Community Information
| Address | 30445 Oak St |
|---|---|
| Area | Somerset East of Rt-13 |
| Subdivision | NONE AVAILABLE |
| City | Princess Anne |
| County | SOMERSET-MD |
| State | MD |
| Zip Code | 21853 |
| Senior Community | No |
Amenities
| Amenities | 2nd Kitchen, Bathroom - Tub Shower, Carpet, Ceiling Fan(s), Entry Level Bedroom, Kitchen - Eat-In, Recessed Lighting |
|---|---|
| Parking | Gravel Driveway |
| Is Waterfront | No |
Interior
| Appliances | Refrigerator, Dishwasher, Oven/Range - Electric, Stove, Water Heater |
|---|---|
| Heating | Heat Pump(s) |
| Cooling | Central A/C |
| Fireplace | No |
Exterior
| Exterior | Combination, Frame, Mixed, Vinyl Siding |
|---|---|
| Exterior Features | Gutter System |
| Roof | Architectural Shingle |
| Construction | Combination, Frame, Mixed, Vinyl Siding |
| Foundation | Crawl Space |
| Other Structures | 10000001172,10000001174 |
School Information
| District | SOMERSET COUNTY PUBLIC SCHOOLS |
|---|
Additional Information
| Date Listed | September 24th, 2026 |
|---|---|
| Days on Market | 8 |
| Zoning | R-1 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |