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.