29564 Deal Island Rd W, Princess Anne, MD 21853

$79,990
: 3
BD
: 2
BA
: 990
SqFt

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List Price: $79,990
Status: ACTIVE
MLS#: MDSO2007934
Bedrooms: 3
Bathrooms: 2
Full Baths: 2
Living Area: 990
Lot Size (Acres): 1
Style: Farmhouse
Year Built: 1923
County: Somerset
School District: Somerset County Public Schools

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Property Description

Investor opportunity with plenty of potential! This 3-bedroom, 2-bath home sits on a full acre and features separate front and rear entrances, offering the ability to potentially lock off the property into a 2-bedroom, 1-bath side and a separate 1-bedroom, 1-bath side. With an estimated ARV of approximately $215,000 and projected rents of $1,300/month for the 2-bedroom side and $1,000/month for the 1-bedroom side, the property offers potential combined rental income of $2,300 per month, putting it well above the 1% rule for investors. Whether you're looking for a strong rental opportunity, house-hack potential, or a property with room to add value, this one is worth a look.

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Additional Information

Area: Somerset West of Rt-13 (20-01)
Subdivision: None Available
School District: Somerset County Public Schools
Elementary School: Greenwood
Middle School: Washington Academy And
High School: Washington Academy And
Heating: Forced Air
Cooling: Ductless Mini-Split
Water: Well
Sewer: Septic Tank