30445 Oak St, PRINCESS ANNE, MD

$300,000

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1,920

Square feet

0.22

Acres

About 30445 Oak St

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**

Features of 30445 Oak St

MLS® # MDSO2007906
Price $300,000
Bathrooms 0.00
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

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
Has Basement No
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

School Information

District SOMERSET COUNTY PUBLIC SCHOOLS

Additional Information

Date Listed September 24th, 2026
Days on Market 2
Zoning R-1
Foreclosure No
Short Sale No
RE / Bank Owned No
Listing Ownership Fee Simple

Listing Details

OfficeNorthrop Realty
Contact Info(302) 539-0800

Listing Map

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