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MLS# MDWC2024216Listed by EXP Realty, LLC
315 CHARLES ST, SALISBURY, MD 21804
$165,000Active
3Beds
1.1Baths
1,148Sq Ft
0.1Acres
About This Property
INVESTMENT OPPORTUNITY IN SALISBURY! Welcome to 315 Charles Street, a tenant-occupied property currently generating $1,600 per month in rental income. For investors looking to add another income-producing property to their portfolio, the existing tenancy provides rental income from day one.
The home underwent major renovations in 2017 and features a functional two-story layout, public water and s…
The home underwent major renovations in 2017 and features a functional two-story layout, public water and s…
Key Facts
StatusActive
MLS #MDWC2024216
Property TypeResidential
Days on Market4
Year Built1920
StyleTraditional
Levels / Stories2
New ConstructionNo
OwnershipFee Simple
Tax ID2305018897
ZoningR5
Interior
Living Area1,148 sq ft
Above Grade Fin.1,148 sq ft
FireplaceNo
BasementNo
Exterior & Lot
Lot Size0.1 acres
ConstructionAluminum Siding, Other
FoundationCrawl Space
Other StructuresAbove Grade, Below Grade
PoolNo Pool
WaterfrontNo
Water ViewNo
Water AccessNo
Navigable WaterNo
Parking
GarageNo
Parking TypesOff Street
Utilities
HeatingYes
Heating TypeHeat Pump(s)
Heating FuelElectric
Central AirNo
Cooling TypeOther
Cooling FuelElectric
Hot WaterElectric
Water SourcePublic
SewerPublic Sewer
Taxes & Assessment
Annual Taxes$1,975 / 2025
Assessed Value$107,600 / 2026
County Tax$818
City / Town Tax$1,043
Community & Schools
CountyWICOMICO-MD
SubdivisionNONE AVAILABLE
School DistrictWICOMICO COUNTY PUBLIC SCHOOLS
HOANo
Senior CommunityNo
Location & Nearby Businesses
315 CHARLES ST, SALISBURY, MD, 21804
Get Driving DirectionsSource: Real Estate Property Source Bright MLS
Est. Monthly Payment
$834/mo
Home Price$165,000
Down Payment (20%)$33,000
Loan Amount$132,000
Interest Rate (est.)6.50%
Loan Term30 Years
* Estimate reflects principal & interest only — excludes property taxes, homeowners insurance, mortgage insurance, and any HOA/condo dues if applicable, all of which affect your actual payment. Contact a mortgage professional for additional figures.
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