Change Real Estate Presents:

217 Walnut Lane
Aberdeen MD 21001

Sold for $540,000.00 Closed

Close Date: 2026-01-30

Aberdeen
2,704 build ft2
36,960 land ft2

About This Property

Turnkey 4-Unit Investment | Stable Subsidized Income 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.

Listing Agent: Herbert Lewis. Smart Realty, LLC 443-739-4140 dts.lewis@gmail.com

Property Features

Location Information
County:
Subdivision: None
Interior Features
Appliances: Microwave, Stainless Steel Appliances, Refrigerator, Oven/Range - Gas, Dryer, Washer
Interior:
Laundry:
Furnished: None
Flooring: Laminated
Water: Public
Cooling: Central A/C
Heating: Central
Fireplaces: None
Windows:
Utilities:
Sewer: Public Sewer, Public Septic
Exterior Features
Year Built: 1950
Parking: Gravel Driveway
Schools
Elementary School: None
Junior High School: None
High School: None

IDXListing Courtesy of Herbert Lewis. Smart Realty, LLC 443-739-4140 dts.lewis@gmail.com

Property Photos [Click to enlarge]

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