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540-940-7772
Ascendancy Homes
400 406 Walnut St, Westernport, MD 21562
- $196,000
- 3,384
- SqFt
- Sold Price
- $196,000
- List Price
- $196,000
- Closing Date
- Feb 13, 2026
- Status
- CLOSED
- MLS#
- MDAL2011174
- Living Area
- 3,384
- Lot Size (Acres)
- 0.04
- Style
- Traditional
- Year Built
- 1949
- County
- Allegany
- School District
- Allegany County Public Schools
Property Description
All the hard work is done—just start collecting rent! This freshly renovated 6-unit apartment building in Westernport, MD, is a prime opportunity to secure a long-term, income-producing asset in a community on the rise. With two efficiency units and four one-bedroom apartments, this property has the potential to generate over $44,000 in gross annual income. Each unit has been completely updated, featuring fresh paint, new flooring, and modernized kitchens and bathrooms, creating an attractive and comfortable living space for tenants. The exterior has been repainted, ensuring years of low-maintenance upkeep, while new electrical services, updated interior wiring, and plumbing replacements provide efficiency and reliability. Electric baseboard heating delivers cost-effective climate control for each unit. The unfinished basement presents an additional value-add opportunity—use it as spacious storage or transform it into an on-site laundry facility to further increase your income stream. Why start small when you can scale from the beginning? This configuration provides the income necessary to establish yourself as a successful real estate investor or serves as the perfect addition to an already thriving portfolio. The stock market won’t climb forever—hedge against inflation with a solid real estate investment. This is your chance to secure a high-performing, income-generating asset with immediate rental potential. Act now—opportunities like this don’t last!
Additional Information
- Area
- SW Allegany - Allegany County (MDAL9)
- School District
- Allegany County Public Schools
- Elementary School
- Westernport
- Middle School
- Westmar
- High School
- Mountain Ridge
- Flooring
- Laminate, Vinyl
- View
- Street
- Heating
- Electric Baseboard
- Cooling
- None
- Roof
- Rubber
- Water
- Public
- Sewer
- Public Sewer
Mortgage Calculator
Listing courtesy of Pioneer Ridge Realty. Contact:
Selling Office: Mackintosh , Inc..