507 Camden Ave, Salisbury, MD 21801
- $870,000
- List Price
- $870,000
- Price Change
- ▼ $29,000 1784490321
- Days on Market
- 123
- Status
- ACTIVE
- MLS#
- MDWC2022212
- Lot Size (Acres)
- 0.35000000000000003
- Year Built
- 1890
- County
- Wicomico
- School District
- Wicomico County Public Schools
Property Description
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.
/u.realgeeks.media/leighsellshomes/REMAX_RESULTS_LOGO.png){kind=logo}
Additional Information
- Area
- Wicomico Southwest (23-03)
- Taxes
- $7838
- Stories
- 3
- School District
- Wicomico County Public Schools
- Flooring
- Hardwood
- Heating
- Hot Water
- Heating Fuel
- Electric
- Cooling
- Window Unit(s)
- Utilities
- Cable TV, Natural Gas Available
- Water
- Public
- Sewer
- Public Sewer
Mortgage Calculator
Listing courtesy of Long & Foster Real Estate, Inc.. Contact: