809 Hanson St

For Sale

809 Hanson St, Salisbury, MD 21801

This Salisbury property for sale is located at 809 Hanson St. The general use of 809 Hanson St is multi-family and it incorporates 1,112 square feet of class C multi-family space. The current listed sale price for 809 Hanson St is $1,050,000. 809 Hanson St is situated on a lot that is 0.31 acre in size.

Contacts

broker
Bret Davis

KW - Bret Davis - Ocean City

Property Details

  • Property Type Multi-Family
  • Property Size 1,112 SF
  • Units 8
  • Lot Size 0.31 Acre
  • Building Class C
  • Year Built 1988
  • Date Updated Feb 18, 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.

Getting around

  • 82/100

    Walk Score ®

  • 24/100

    Transit Score ®

  • 52/100

    Bike Score ®

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Location

  • 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

  • Acme

    0.22 miles

  • Caribbean Express Market

    0.29 miles

  • Save-A-Lot

    1.07 miles

  • Unión Latina

    1.26 miles

  • Food Lion

    1.43 miles

  • Big Lots

    1.67 miles

  • Walmart Supercenter

    1.76 miles

  • Macy's

    3.64 miles

  • The Centre at Salisbury

    3.72 miles

  • Sears

    3.77 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Bret Davis

KW - Bret Davis - Ocean City

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