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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.
| DAYS ON MARKET | 1 | LAST UPDATED | 4/6/2026 |
|---|---|---|---|
| YEAR BUILT | 1890 | COMMUNITY | Wicomico Southwest (23-03) |
| COUNTY | WICOMICO | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| School District | WICOMICO COUNTY PUBLIC SCHOOLS |
|---|
| ADDITIONAL DETAILS | |
| AIR | Electric, Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Gas Water Heater |
| AREA | Wicomico Southwest (23-03) |
| CONSTRUCTION | Wood Siding |
| HEAT | Electric, Hot Water |
| LOT | 0.35 acre(s) |
| LOT DESCRIPTION | Cleared |
| LOT DIMENSIONS | 0.00 x 0.00 |
| PARKING | Private, Paved, Driveway, Parking Lot |
| SEWER | Public Sewer |
| STORIES | 3 |
| TAXES | 7838 |
| UTILITIES | Cable Available, Natural Gas Available |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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