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Bought with NON MEMBER • Non Subscribing Office
$ 540,000
$ 550,000 1.8%
217 WALNUT LN Aberdeen, MD 21001
2,704 SqFt
UPDATED:
Key Details
Sold Price $540,000
Property Type Multi-Family
Sub Type Twin/Semi-Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,704 sqft
Price per Sqft $199
MLS Listing ID MDHR2050472
Sold Date 01/30/26
Style Traditional
Abv Grd Liv Area 2,704
Year Built 1950
Annual Tax Amount $5,586
Tax Year 2024
Lot Size 0.848 Acres
Acres 0.85
Property Sub-Type Twin/Semi-Detached
Source BRIGHT
Property Description
225, 223, 219 & 217 Walnut Ln, Aberdeen, MD
Excellent opportunity to acquire two duplexes (4 units total) on one lot just off Main Street in Aberdeen—walkable to downtown amenities. 4-plex asset with strong, reliable cash flow and minimal management demands.
Property Details
Built 1953 | Approx. 3,600 sq. ft.
Four units: 2BR/1BA each
Central A/C & heat, in-unit laundry, off-street parking
Recent Improvements
New roof (≈2 years)
New HVAC (2025)
Income & Expenses
Gross rent: $6,095/month ($1,500–$1,595/unit)
Rents paid through local subsidized housing programs
Tenants pay all utilities except water (NOI upside via billing)
Tenant Profile
Long-term occupancy
Newest tenant in place 3+ years
Low turnover, stable payment history
Why It Works
Consistent cash flow
Low maintenance due to recent upgrades
Expense and rent-growth upside
Strong rental demand location
Summary
A true turnkey 4-unit offering dependable income, stable tenants, and future upside in a prime Aberdeen location—ideal for buy-and-hold investors.
Location
State MD
County Harford
Zoning B2
Rooms
Basement Rear Entrance, Unfinished
Interior
Hot Water Natural Gas
Heating Central
Cooling Central A/C
Flooring Laminated
Equipment Microwave, Stainless Steel Appliances, Refrigerator, Oven/Range - Gas, Dryer, Washer
Fireplace N
Appliance Microwave, Stainless Steel Appliances, Refrigerator, Oven/Range - Gas, Dryer, Washer
Heat Source Natural Gas
Exterior
Water Access N
Roof Type Shingle
Accessibility None
Garage N
Building
Foundation Permanent
Above Ground Finished SqFt 2704
Sewer Public Sewer, Public Septic
Water Public
Architectural Style Traditional
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Harford County Public Schools
Others
Tax ID 1302019620
Ownership Fee Simple
SqFt Source 2704
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
Special Listing Condition Standard
