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.