809 Hanson St

809 Hanson St, Salisbury, MD 21801

  • For Sale $1,050,000
  • Property Type Multi-Family
  • Property Size 1,112 SF
  • Units 8
  • Lot Size 0.31 Acre
  • Building Class C
  • Year Built 1988
  • Date Updated Mar 24, 2025
Accessible from Rt 13 , minutes from Salisbury University and TidalHealth Peninsula Regional Hospital.This is a well-maintained 8-unit multifamily property in Salisbury, MD that makes for an excellent cash-flowing investment opportunity, which offers a prime location for renters looking for proximity to local educational and healthcare institutions. The property consists of three separate buildings, offering a mix of 1 and 2 bedroom apartments, all having their own washer and dryer, central heating and air and are separately metered. As it pertains to the floor plan for each apartment, the one or two bedroom apartments are identical with comfortable living spaces and onsite parking, adding convenience for residents. With its steady rental income and strong location, this property makes for an ideal addition to any investment portfolio.
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Highlights

  • Prime Location: Conveniently located near local educational institutions, healthcare facilities, major employers, and entertainment options, ensuring strong rental demand.
  • Excellent Unit Mix: 2 spacious 2-bedroom apartments and 6 comfortable 1-bedroom apartments, all with identical layouts.
  • Modern Amenities: Each unit features its own washer and dryer, central heating and air, and is separately metered for utilities.
  • Onsite Parking: Dedicated parking available for tenants, adding convenience to daily living.
  • Strong Cash Flow: Proven steady rental income with consistent full occupancy, demonstrating high demand in the area.
  • Turnkey Investment: Immediate income potential with established leases and a mix of upgraded units.

Contacts

broker
Bret Davis

KW - Bret Davis - Ocean City

Location

Getting Around

  • Walk Score ®

    82/100 Very Walkable

  • Transit Score ®

    24/100 Minimal Transit

  • Bike Score ®

    52/100 Bikeable
Powered by Walk Score ®
  • City Salisbury, MD
  • Neighborhood Salisbury
  • Zip Code 21801

Points of Interest

  • Royal Farms

    0.26 miles

  • WAWA

    0.37 miles

  • Delmarva Power

    0.79 miles

  • Sunoco

    0.81 miles

  • Shell

    1.18 miles

  • Exxon

    1.32 miles

  • Tesla Supercharger

    3.93 miles

  • College Avenue Parking Lot G

    0.33 miles

  • College Avenue Parking Lot H

    0.34 miles

  • Philosophy and International Education Parking Lot

    0.35 miles

  • US Rt. 13 Parking Lot A

    0.41 miles

  • International Faculty Parking Lot

    0.42 miles

  • Avery Street Parking Lot

    0.47 miles

  • US Rt. 13 Parking Lot B

    0.48 miles

  • Camden Parking Lot F

    0.49 miles

  • Alumni House Parking Lot

    0.51 miles

  • Wayne Street Parking Lot

    0.53 miles

  • La Quinta Inn & Suites Salisbury

    0.83 miles

  • Hampton Inn & Suites Salisbury/Fruitland

    1.95 miles

  • Microtel Inn & Suites by Wyndham Salisbury

    3.31 miles

  • Country Inn & Suites

    3.49 miles

  • Sleep Inn Salisbury

    3.54 miles

  • Residence Inn by Marriott Salisbury

    3.76 miles

  • Days Inn

    4.25 miles

  • Hampton Inn Salisbury

    4.44 miles

  • Motel 6

    4.49 miles

  • Americas Best Value Inn

    4.56 miles

  • Dunkin'

    0.07 miles

  • Fuji Ramen House Japanese Restaurant

    0.09 miles

  • Taco Bell

    0.10 miles

  • East Moon

    0.10 miles

  • Taylor's BBQ

    0.12 miles

  • Sage Diner

    0.13 miles

  • Popeyes

    0.17 miles

  • Sakura Japan

    0.17 miles

  • Checkers

    0.17 miles

  • Playa Bowls

    0.19 miles

  • Salisbury University

    0.49 miles

  • Saint Francis De Sales School

    0.59 miles

  • Pinehurst School

    0.61 miles

  • Prince Street School

    0.73 miles

  • Salisbury University East Campus

    0.79 miles

  • Asbury Child Development Center

    0.86 miles

  • Wicomico Junior High School

    1.17 miles

  • Pemberton School

    1.22 miles

  • Parkway Christian Academy Elementary School

    1.23 miles

  • Wicomico County Evening High School

    1.49 miles

Frequently Asked Questions

How much does 809 Hanson St cost?

The space currently listed for sale at 809 Hanson St asks for $1,050,000.

What is the total square footage of 809 Hanson St?

809 Hanson St totals 1,112 square feet.

When was this property built?

809 Hanson St was built in 1988.

Looking for more in-depth information on this property?

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Contact Listing Broker
broker
Bret Davis

KW - Bret Davis - Ocean City

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