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$196,000
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Property Description
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!
Full Property Details
Full Property Details for 400 - 406 Walnut St
General
- Sold For: $196,000
- Taxes: $562 (2024)
- Status: Closed
- Type: Single Family
- Source: BrightMLSMidAtlantic
- MLS ID: MDAL2011174
- Added to Site: 350 day(s) ago
Interior
- Flooring: Laminated, Luxury Vinyl Plank
Parking
- Parking Features: Public
- Parking Type: On Street
Location
- Area: SW Allegany - Allegany County (MDAL9)
- County: ALLEGANY
- Driving 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.
- Location Details: Urban
- City Limits: Yes
School Information
- School District: Allegany County Public Schools
- Elementary School: Westernport
- Middle School: Westmar
- High School: Mountain Ridge
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard - Electric
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Traditional
- Structure Type: Detached
- Construction: Brick
- Foundation: Block, Brick/Mortar
- Roof: Rubber
- Walls/Ceilings: Dry Wall, Paneled Walls
- Square Feet: 3,384
- Sq. Ft. Source: Estimated
- Living Area: 3,384 Sq. Ft.
- Finished Above Grnd: 3,384 Sq. Ft.
- Year Built: 1949
- Year Built Source: Estimated
- Property Condition: Very Good
Lot Features
- Property View: Street
- Lot Size (Acres): 0.04
- Lot Size (Sq. Ft.): 1,742
- Lot Size Source: Estimated
- Street/Road Desc.: Paved
- Zoning: SUBURBAN / RESIDENTIAL
- Lot Description: Premium, Road Frontage, Sloping
Financial Considerations
- Price Per Sq. Ft.: $57.92
- Assessment Year: 2024
- City/TownTax: $207
- City/TownTax Freq: Annually
- County Tax: $355
- County Tax Freq: Annually
- Tax w/Assessment: $34,633
- Tax Amount: $562
- Tax Year: 2024
- Terms: Standard Sale
Disclosures and Reports
- Ownership: Fee Simple
Listed by Pioneer Ridge Realty, Craig E See
Sold by Mackintosh , Inc., Jason L Hose
Get Pre-Approved Today
Schools
Schools serving 400 - 406 Walnut St
School District:Allegany County Public Schools
| Name | Grades | Distance |
|---|---|---|
Westernport Elementary School 172 Church Street, Westernport, MD 21562 | PK-5 | 0.5 mi |
Westmar Middle School 16915 Lower George's Creek Rd Sw, Lonaconing, MD 21539 | 6-8 | 6 mi |
Mountain Ridge High School 100 Doctor Gasmick Lane, Frostburg, MD 21532 | 9-12 | 13.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 400 - 406 Walnut St
Date
Details
Price
Change
Source
2/13/2026
Sold
$196,000
-10.91%
MLS
9/17/2025
Price Reduced
$220,000
-2.18%
MLS
7/22/2025
Price Reduced
$224,900
-6.25%
MLS
5/28/2025
Price Reduced
$239,900
-4%
MLS
3/13/2025
Listed
$249,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
400 - 406 Walnut Street, Westernport, MD 21562 (MLS# MDAL2011174) is a Single Family property that was sold at $196,000 on February 13, 2026. Want to learn more about 400 - 406 Walnut Street? Do you have questions about finding other Single Family real estate for sale in Westernport? You can browse all Westernport real estate or contact a Coldwell Banker agent to request more information.

