CHARIS REALTY GROUP

507 CAMDEN AVENUE

SALISBURY , MD 21801

MLS#: MDWC2022212

$899,000

Status: Active
Listing number: MDWC2022212
Listing provided by: Long & Foster Real Estate, Inc.
Listing agent phone: None
Last update: 3 hours ago
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Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1890

Sq.Footage

N/A

Historic 9-Unit Investment Property in the Heart of Salisbury, Maryland An exceptional opportunity awaits with this beautifully preserved historic 9-unit apartment building, ideally located in the vibrant center of Salisbury, Maryland. Blending timeless character with modern-day convenience, this property offers strong appeal for both investors and tenants seeking charm, walkability, and accessibility. Perfectly positioned in a prime downtown location, residents enjoy being just a short five-minute walk from Tidal Health Hospital, as well as Salisbury’s bustling downtown district—home to an array of local shops, restaurants, cafés, and everyday amenities. This highly desirable setting attracts a steady tenant base, including medical professionals, students, and individuals who value an urban lifestyle. The building features a well-balanced unit mix, consisting of three spacious two-bedroom apartments and six comfortable one-bedroom units. Each apartment includes its own kitchen and full bathroom, providing tenants with privacy and convenience. Additionally, all units are equipped with separately metered electric service and individual gas-fired hot water boilers, enhancing operational efficiency and simplifying utility management. Rich in historic charm and located in one of Salisbury’s most sought-after areas, this property represents a rare chance to own a character-filled, income-producing asset in a thriving and walkable community.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Window Unit(s), Electric

  • Heating YN

    YES

  • Heating

    Electric, Hot Water

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Wood Siding

  • Parking

    Private, Paved, Driveway, Parking Lot

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Features

    Cleared

  • Lot Size(acres)

    0.35

  • Property Type

    Commercial Sale

Price

  • Sales Price

    $899,000

  • Tax Amount

    $7,838

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    3

  • Foundation Details

    Block

  • Sewer

    Public Sewer

  • Tax Lot

    10

  • Water Source

    Public

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Location

County

WICOMICO

Elementary School

Middle School

High School

Listing Courtesy of Austin H Cox Jr. , Long & Foster Real Estate, Inc.

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Agent Jessie Doyle

AGENT

Jessie Doyle

Call Jessie today to schedule a private showing.

(240) 446-3431

Jessiedoyle.realtor@gmail.com


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Historic 9-Unit Investment Property in the Heart of Salisbury, Maryland An exceptional opportunity awaits with this beautifully preserved historic 9-unit apartment building, ideally located in the vibrant center of Salisbury, Maryland. Blending timeless character with modern-day convenience, this property offers strong appeal for both investors and tenants seeking charm, walkability, and accessibility. Perfectly positioned in a prime downtown location, residents enjoy being just a short five-minute walk from Tidal Health Hospital, as well as Salisbury’s bustling downtown district—home to an array of local shops, restaurants, cafés, and everyday amenities. This highly desirable setting attracts a steady tenant base, including medical professionals, students, and individuals who value an urban lifestyle. The building features a well-balanced unit mix, consisting of three spacious two-bedroom apartments and six comfortable one-bedroom units. Each apartment includes its own kitchen and full bathroom, providing tenants with privacy and convenience. Additionally, all units are equipped with separately metered electric service and individual gas-fired hot water boilers, enhancing operational efficiency and simplifying utility management. Rich in historic charm and located in one of Salisbury’s most sought-after areas, this property represents a rare chance to own a character-filled, income-producing asset in a thriving and walkable community.

507 CAMDEN AVENUE

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