30445 Oak St, PRINCESS ANNE, MD

$300,000

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5

Beds

3

Baths

1,920

Square feet

0.22

Acres

About 30445 Oak St

Turnkey income-producing duplex in the heart of Princess Anne! This well-maintained 5 Bed/ 3 Bath Home, which 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® # MDSO2007900
Price $300,000
Bedrooms 5
Bathrooms 3.00
Full Baths 3
Square Footage 1,920
Acres 0.22
Year Built 2006
Type Residential
Sub-Type 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
Stories 1

Exterior

Exterior Combination, Frame, Vinyl Siding
Exterior Features Gutter System
Roof Architectural Shingle
Construction Combination, Frame, Mixed, Vinyl Siding
Foundation Crawl Space
Garages 8

School Information

District SOMERSET COUNTY PUBLIC SCHOOLS

Additional Information

Date Listed September 24th, 2026
Days on Market 35
Zoning R-1
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeNorthrop Realty
Contact Info(302) 539-0800

Listing Map

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