400 406 Walnut Street
Westernport, MD 21562
- – beds
- – baths
- 3,384 sqft
- 1,742 sqft lot
- $73 per sqft
- 1949 build
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!
Last checked:
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Last updated Mar 13, 2025
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MLS# MDAL2011174 —
The Building
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Year Built:1949
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Year Built Source:Estimated
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Roof:Rubber
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New Construction:No
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Construction Materials:Brick
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Building Units Total:4
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Structure Type:Detached
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Historic:No
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Architectural Style:Traditional
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Accessibility Features:None
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Foundation Details:Block, Brick/Mortar
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Basement:No
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Building Winterized:No
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Total SqFt Source:Estimated
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Total Below Grade SqFt Source:Estimated
Interior
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Flooring Type:Laminated, Luxury Vinyl Plank
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Fireplace:No
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Wall & Ceilings:Dry Wall, Paneled Walls
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Living Area SqFt Source:Estimated
Room Dimensions
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Total SqFt:3384
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Living Area SqFt:3,384 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Cash, Conventional
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Possession:Settlement
Location
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Directions:From Keyser – Head southwest toward Armstrong Street, then take Queens Point Road SW to Washington Street in Westernport, approximately 6.3 miles. Turn left onto Washington Street, then take a sharp right onto Front Street. Turn left onto Fusner Street, then turn right onto Hammond Street. Make a left onto Rock Street, then turn right onto Walnut Street. The destination will be on the right, with a PRR sign in the window.
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Latitude:39.48714712
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Longitude:-79.04847880
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Location Type:Urban
The Property
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Property Type:Multi-Family
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Property Subtype:Other
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Property Condition:Very Good
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Lot Size Units:Square Feet
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Lot Size Acres:0.04
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Lot Size Source:Estimated
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Lot Features:Premium, Road Frontage, Sloping
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Lot SqFt:1,742 Sqft
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Zoning:SUBURBAN / RESIDENTIAL
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Road Surface Type:Paved
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Road Responsibility:City/County
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View:Street
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In City Limits:Yes
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Other Structures:Above Grade, Below Grade
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Waterview:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Land Use Code:M
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Ground Rent Exists:No
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (304) 813-1092
- Office phone:
- (304) 359-2214
Taxes
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Tax ID Number:0108016852
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Tax Year:2024
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Tax Annual Amount:$562
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Tax Assessed Value:$34,633
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Year Assessed:2024
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County Tax:355.00
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City/Town Tax:207.00
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Total Taxes Payment Frequency:Annually
Heating & Cooling
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Cooling Type:None
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Central Air:No
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Cooling Fuel:None
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Heating:Yes
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Heating Type:Baseboard - Electric
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Heating Fuel:Electric
Utilities
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Sewer/Septic:Public Sewer
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Hot Water:Electric
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Water Source:Public
Schools
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Elementary School:Westernport
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Middle School:Westmar
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High School:MOUNTAIN RIDGE
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School District Name:Allegany County Public Schools
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School District Source:Listing Agent
The Community
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Pool:No Pool
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Spa:No
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Association Recreation Fee:No
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Municipal Trash:Yes
Parking
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Garage:No
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Type of Parking:On Street
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Parking Features:Public
Extra Units
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Vacation Rental:No
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Units Furnished:None
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Single Room Units:2
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One Bedroom Units:4
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
3/13/25
Mar 13, 2025
|
Listed / Active | BRIGHT | $249,900 |