304 Glen Ave, Salisbury, MD 21804 | For Sale

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For Sale $6,750,000

$6,750,000
  • Five Stars
  • (0)
  • 53 Units
  • Unknown Sq Ft
  • 197,762 Sq Ft
  • Unknown Cap Rate

Description

52 apartments with 18 having been recently remodeled. This centrally located complex boasts brick exterior, stable rent roll, ample land for expansion. These apartments are still under current market rates giving plenty of upside for a buyer. This property has city water and sewer without having city taxes. Fiber internet is run throughout the property and several of the flat roofs have been recently replaced within the past 2 years.

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


The income description goes here to explain

Expenses

Property Details

List Price $6,750,000
Property Type Multi-Family
Usable Sqft Unknown
Number of Stories 0 stories
Parking Spots 0 spots
Year Built 1953
Last Sold Unknown
Sold Price Unknown
APN # 2305062535
MLS # MDWC2015488
Property ID 320951106
Lot Sqft 197,762
Zoning NA
Total Units 53
Days on Market 170
Original List Price Unknown
Date Updated February 21, 2025
Date Created October 13, 2024

Financials not available online. Please inquire with your agent for more details.

Listing Provided By

Bret Davis an agent of . Lic #645420


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Data last updated: April 01, 2025.
$
%
Compare rates
%
CanvasJS.com
Your payment
$47,364
per month
CanvasJS.com
Estimated payment $47,364 /mo
Loan amount $6,750,000
Down payment $0
Interest rate 7.5%
Loan term 30 years
Taxes & insurance included? YES
Property tax 1.2%/YR
Homeowner's insurance $67/mo
HOA dues $0/mo

Payment Breakdown

CanvasJS.com
Your payment
$47,364
per month

Amortization

CanvasJS.com

Principal vs. interest

CanvasJS.com

Amortization Schedule

Over 360 months you will spend $10,240,892 in interest.
MONTH PRINCIPAL & INTEREST PRINCIPAL INTEREST PRINCIPAL REMAINING
1 $47,197 $5,010 $42,188 $6,744,991
2 $47,197 $5,041 $42,156 $6,739,950
3 $47,197 $5,072 $42,125 $6,734,877
4 $47,197 $5,104 $42,093 $6,729,773
5 $47,197 $5,136 $42,061 $6,724,637
6 $47,197 $5,168 $42,029 $6,719,469
7 $47,197 $5,200 $41,997 $6,714,269
8 $47,197 $5,233 $41,964 $6,709,036
9 $47,197 $5,266 $41,931 $6,703,771
10 $47,197 $5,298 $41,899 $6,698,472
11 $47,197 $5,332 $41,865 $6,693,141
12 $47,197 $5,365 $41,832 $6,687,776
13 $47,197 $5,398 $41,799 $6,682,378
14 $47,197 $5,432 $41,765 $6,676,945
15 $47,197 $5,466 $41,731 $6,671,479
16 $47,197 $5,500 $41,697 $6,665,979
17 $47,197 $5,535 $41,662 $6,660,444
18 $47,197 $5,569 $41,628 $6,654,875
19 $47,197 $5,604 $41,593 $6,649,271
20 $47,197 $5,639 $41,558 $6,643,632
21 $47,197 $5,674 $41,523 $6,637,958
22 $47,197 $5,710 $41,487 $6,632,248
23 $47,197 $5,745 $41,452 $6,626,503
24 $47,197 $5,781 $41,416 $6,620,721
25 $47,197 $5,817 $41,380 $6,614,904
26 $47,197 $5,854 $41,343 $6,609,050
27 $47,197 $5,890 $41,307 $6,603,159
28 $47,197 $5,927 $41,270 $6,597,232
29 $47,197 $5,964 $41,233 $6,591,268
30 $47,197 $6,002 $41,195 $6,585,266
31 $47,197 $6,039 $41,158 $6,579,227
32 $47,197 $6,077 $41,120 $6,573,150
33 $47,197 $6,115 $41,082 $6,567,036
34 $47,197 $6,153 $41,044 $6,560,883
35 $47,197 $6,191 $41,006 $6,554,691
36 $47,197 $6,230 $40,967 $6,548,461
37 $47,197 $6,269 $40,928 $6,542,192
38 $47,197 $6,308 $40,889 $6,535,883
39 $47,197 $6,348 $40,849 $6,529,536
40 $47,197 $6,387 $40,810 $6,523,148
41 $47,197 $6,427 $40,770 $6,516,721
42 $47,197 $6,467 $40,730 $6,510,254
43 $47,197 $6,508 $40,689 $6,503,746
44 $47,197 $6,549 $40,648 $6,497,197
45 $47,197 $6,590 $40,607 $6,490,608
46 $47,197 $6,631 $40,566 $6,483,977
47 $47,197 $6,672 $40,525 $6,477,305
48 $47,197 $6,714 $40,483 $6,470,591
49 $47,197 $6,756 $40,441 $6,463,835
50 $47,197 $6,798 $40,399 $6,457,037
51 $47,197 $6,841 $40,356 $6,450,196
52 $47,197 $6,883 $40,314 $6,443,313
53 $47,197 $6,926 $40,271 $6,436,387
54 $47,197 $6,970 $40,227 $6,429,417
55 $47,197 $7,013 $40,184 $6,422,404
56 $47,197 $7,057 $40,140 $6,415,347
57 $47,197 $7,101 $40,096 $6,408,246
58 $47,197 $7,145 $40,052 $6,401,101
59 $47,197 $7,190 $40,007 $6,393,911
60 $47,197 $7,235 $39,962 $6,386,675
61 $47,197 $7,280 $39,917 $6,379,395
62 $47,197 $7,326 $39,871 $6,372,069
63 $47,197 $7,372 $39,825 $6,364,698
64 $47,197 $7,418 $39,779 $6,357,280
65 $47,197 $7,464 $39,733 $6,349,816
66 $47,197 $7,511 $39,686 $6,342,306
67 $47,197 $7,558 $39,639 $6,334,748
68 $47,197 $7,605 $39,592 $6,327,143
69 $47,197 $7,652 $39,545 $6,319,491
70 $47,197 $7,700 $39,497 $6,311,791
71 $47,197 $7,748 $39,449 $6,304,042
72 $47,197 $7,797 $39,400 $6,296,246
73 $47,197 $7,845 $39,352 $6,288,400
74 $47,197 $7,895 $39,303 $6,280,506
75 $47,197 $7,944 $39,253 $6,272,562
76 $47,197 $7,993 $39,204 $6,264,568
77 $47,197 $8,043 $39,154 $6,256,525
78 $47,197 $8,094 $39,103 $6,248,431
79 $47,197 $8,144 $39,053 $6,240,287
80 $47,197 $8,195 $39,002 $6,232,092
81 $47,197 $8,246 $38,951 $6,223,845
82 $47,197 $8,298 $38,899 $6,215,547
83 $47,197 $8,350 $38,847 $6,207,197
84 $47,197 $8,402 $38,795 $6,198,795
85 $47,197 $8,455 $38,742 $6,190,341
86 $47,197 $8,507 $38,690 $6,181,833
87 $47,197 $8,561 $38,636 $6,173,273
88 $47,197 $8,614 $38,583 $6,164,659
89 $47,197 $8,668 $38,529 $6,155,991
90 $47,197 $8,722 $38,475 $6,147,269
91 $47,197 $8,777 $38,420 $6,138,492
92 $47,197 $8,831 $38,366 $6,129,661
93 $47,197 $8,887 $38,310 $6,120,774
94 $47,197 $8,942 $38,255 $6,111,832
95 $47,197 $8,998 $38,199 $6,102,834
96 $47,197 $9,054 $38,143 $6,093,780
97 $47,197 $9,111 $38,086 $6,084,669
98 $47,197 $9,168 $38,029 $6,075,501
99 $47,197 $9,225 $37,972 $6,066,276
100 $47,197 $9,283 $37,914 $6,056,993
101 $47,197 $9,341 $37,856 $6,047,652
102 $47,197 $9,399 $37,798 $6,038,253
103 $47,197 $9,458 $37,739 $6,028,795
104 $47,197 $9,517 $37,680 $6,019,278
105 $47,197 $9,577 $37,620 $6,009,702
106 $47,197 $9,636 $37,561 $6,000,065
107 $47,197 $9,697 $37,500 $5,990,369
108 $47,197 $9,757 $37,440 $5,980,612
109 $47,197 $9,818 $37,379 $5,970,793
110 $47,197 $9,880 $37,317 $5,960,914
111 $47,197 $9,941 $37,256 $5,950,973
112 $47,197 $10,003 $37,194 $5,940,969
113 $47,197 $10,066 $37,131 $5,930,903
114 $47,197 $10,129 $37,068 $5,920,774
115 $47,197 $10,192 $37,005 $5,910,582
116 $47,197 $10,256 $36,941 $5,900,326
117 $47,197 $10,320 $36,877 $5,890,006
118 $47,197 $10,384 $36,813 $5,879,622
119 $47,197 $10,449 $36,748 $5,869,173
120 $47,197 $10,515 $36,682 $5,858,658
121 $47,197 $10,580 $36,617 $5,848,078
122 $47,197 $10,647 $36,550 $5,837,431
123 $47,197 $10,713 $36,484 $5,826,718
124 $47,197 $10,780 $36,417 $5,815,938
125 $47,197 $10,847 $36,350 $5,805,091
126 $47,197 $10,915 $36,282 $5,794,175
127 $47,197 $10,983 $36,214 $5,783,192
128 $47,197 $11,052 $36,145 $5,772,140
129 $47,197 $11,121 $36,076 $5,761,019
130 $47,197 $11,191 $36,006 $5,749,828
131 $47,197 $11,261 $35,936 $5,738,568
132 $47,197 $11,331 $35,866 $5,727,237
133 $47,197 $11,402 $35,795 $5,715,835
134 $47,197 $11,473 $35,724 $5,704,362
135 $47,197 $11,545 $35,652 $5,692,817
136 $47,197 $11,617 $35,580 $5,681,200
137 $47,197 $11,690 $35,508 $5,669,511
138 $47,197 $11,763 $35,434 $5,657,748
139 $47,197 $11,836 $35,361 $5,645,912
140 $47,197 $11,910 $35,287 $5,634,002
141 $47,197 $11,984 $35,213 $5,622,018
142 $47,197 $12,059 $35,138 $5,609,958
143 $47,197 $12,135 $35,062 $5,597,823
144 $47,197 $12,211 $34,986 $5,585,613
145 $47,197 $12,287 $34,910 $5,573,326
146 $47,197 $12,364 $34,833 $5,560,962
147 $47,197 $12,441 $34,756 $5,548,521
148 $47,197 $12,519 $34,678 $5,536,002
149 $47,197 $12,597 $34,600 $5,523,405
150 $47,197 $12,676 $34,521 $5,510,730
151 $47,197 $12,755 $34,442 $5,497,975
152 $47,197 $12,835 $34,362 $5,485,140
153 $47,197 $12,915 $34,282 $5,472,225
154 $47,197 $12,996 $34,201 $5,459,230
155 $47,197 $13,077 $34,120 $5,446,153
156 $47,197 $13,159 $34,038 $5,432,994
157 $47,197 $13,241 $33,956 $5,419,754
158 $47,197 $13,324 $33,873 $5,406,430
159 $47,197 $13,407 $33,790 $5,393,023
160 $47,197 $13,491 $33,706 $5,379,533
161 $47,197 $13,575 $33,622 $5,365,958
162 $47,197 $13,660 $33,537 $5,352,298
163 $47,197 $13,745 $33,452 $5,338,553
164 $47,197 $13,831 $33,366 $5,324,722
165 $47,197 $13,917 $33,280 $5,310,804
166 $47,197 $14,004 $33,193 $5,296,800
167 $47,197 $14,092 $33,105 $5,282,708
168 $47,197 $14,180 $33,017 $5,268,528
169 $47,197 $14,269 $32,928 $5,254,259
170 $47,197 $14,358 $32,839 $5,239,901
171 $47,197 $14,448 $32,749 $5,225,453
172 $47,197 $14,538 $32,659 $5,210,916
173 $47,197 $14,629 $32,568 $5,196,287
174 $47,197 $14,720 $32,477 $5,181,567
175 $47,197 $14,812 $32,385 $5,166,754
176 $47,197 $14,905 $32,292 $5,151,850
177 $47,197 $14,998 $32,199 $5,136,852
178 $47,197 $15,092 $32,105 $5,121,760
179 $47,197 $15,186 $32,011 $5,106,574
180 $47,197 $15,281 $31,916 $5,091,293
181 $47,197 $15,376 $31,821 $5,075,917
182 $47,197 $15,473 $31,724 $5,060,444
183 $47,197 $15,569 $31,628 $5,044,875
184 $47,197 $15,667 $31,530 $5,029,208
185 $47,197 $15,764 $31,433 $5,013,444
186 $47,197 $15,863 $31,334 $4,997,581
187 $47,197 $15,962 $31,235 $4,981,619
188 $47,197 $16,062 $31,135 $4,965,557
189 $47,197 $16,162 $31,035 $4,949,395
190 $47,197 $16,263 $30,934 $4,933,131
191 $47,197 $16,365 $30,832 $4,916,766
192 $47,197 $16,467 $30,730 $4,900,299
193 $47,197 $16,570 $30,627 $4,883,729
194 $47,197 $16,674 $30,523 $4,867,055
195 $47,197 $16,778 $30,419 $4,850,277
196 $47,197 $16,883 $30,314 $4,833,395
197 $47,197 $16,988 $30,209 $4,816,406
198 $47,197 $17,094 $30,103 $4,799,312
199 $47,197 $17,201 $29,996 $4,782,111
200 $47,197 $17,309 $29,888 $4,764,802
201 $47,197 $17,417 $29,780 $4,747,385
202 $47,197 $17,526 $29,671 $4,729,859
203 $47,197 $17,635 $29,562 $4,712,224
204 $47,197 $17,746 $29,451 $4,694,478
205 $47,197 $17,857 $29,340 $4,676,622
206 $47,197 $17,968 $29,229 $4,658,653
207 $47,197 $18,080 $29,117 $4,640,573
208 $47,197 $18,193 $29,004 $4,622,380
209 $47,197 $18,307 $28,890 $4,604,072
210 $47,197 $18,422 $28,775 $4,585,651
211 $47,197 $18,537 $28,660 $4,567,114
212 $47,197 $18,653 $28,544 $4,548,462
213 $47,197 $18,769 $28,428 $4,529,693
214 $47,197 $18,886 $28,311 $4,510,806
215 $47,197 $19,004 $28,193 $4,491,802
216 $47,197 $19,123 $28,074 $4,472,678
217 $47,197 $19,243 $27,954 $4,453,436
218 $47,197 $19,363 $27,834 $4,434,073
219 $47,197 $19,484 $27,713 $4,414,589
220 $47,197 $19,606 $27,591 $4,394,983
221 $47,197 $19,728 $27,469 $4,375,254
222 $47,197 $19,852 $27,345 $4,355,403
223 $47,197 $19,976 $27,221 $4,335,427
224 $47,197 $20,101 $27,096 $4,315,326
225 $47,197 $20,226 $26,971 $4,295,100
226 $47,197 $20,353 $26,844 $4,274,748
227 $47,197 $20,480 $26,717 $4,254,268
228 $47,197 $20,608 $26,589 $4,233,660
229 $47,197 $20,737 $26,460 $4,212,923
230 $47,197 $20,866 $26,331 $4,192,057
231 $47,197 $20,997 $26,200 $4,171,060
232 $47,197 $21,128 $26,069 $4,149,933
233 $47,197 $21,260 $25,937 $4,128,673
234 $47,197 $21,393 $25,804 $4,107,280
235 $47,197 $21,527 $25,671 $4,085,753
236 $47,197 $21,661 $25,536 $4,064,092
237 $47,197 $21,796 $25,401 $4,042,296
238 $47,197 $21,933 $25,264 $4,020,363
239 $47,197 $22,070 $25,127 $3,998,294
240 $47,197 $22,208 $24,989 $3,976,086
241 $47,197 $22,346 $24,851 $3,953,739
242 $47,197 $22,486 $24,711 $3,931,253
243 $47,197 $22,627 $24,570 $3,908,627
244 $47,197 $22,768 $24,429 $3,885,859
245 $47,197 $22,910 $24,287 $3,862,948
246 $47,197 $23,054 $24,143 $3,839,895
247 $47,197 $23,198 $23,999 $3,816,697
248 $47,197 $23,343 $23,854 $3,793,354
249 $47,197 $23,489 $23,708 $3,769,866
250 $47,197 $23,635 $23,562 $3,746,230
251 $47,197 $23,783 $23,414 $3,722,447
252 $47,197 $23,932 $23,265 $3,698,516
253 $47,197 $24,081 $23,116 $3,674,434
254 $47,197 $24,232 $22,965 $3,650,203
255 $47,197 $24,383 $22,814 $3,625,819
256 $47,197 $24,536 $22,661 $3,601,284
257 $47,197 $24,689 $22,508 $3,576,595
258 $47,197 $24,843 $22,354 $3,551,751
259 $47,197 $24,999 $22,198 $3,526,753
260 $47,197 $25,155 $22,042 $3,501,598
261 $47,197 $25,312 $21,885 $3,476,286
262 $47,197 $25,470 $21,727 $3,450,816
263 $47,197 $25,629 $21,568 $3,425,186
264 $47,197 $25,790 $21,407 $3,399,397
265 $47,197 $25,951 $21,246 $3,373,446
266 $47,197 $26,113 $21,084 $3,347,333
267 $47,197 $26,276 $20,921 $3,321,057
268 $47,197 $26,440 $20,757 $3,294,617
269 $47,197 $26,606 $20,591 $3,268,011
270 $47,197 $26,772 $20,425 $3,241,239
271 $47,197 $26,939 $20,258 $3,214,300
272 $47,197 $27,108 $20,089 $3,187,192
273 $47,197 $27,277 $19,920 $3,159,915
274 $47,197 $27,448 $19,749 $3,132,468
275 $47,197 $27,619 $19,578 $3,104,848
276 $47,197 $27,792 $19,405 $3,077,057
277 $47,197 $27,965 $19,232 $3,049,091
278 $47,197 $28,140 $19,057 $3,020,951
279 $47,197 $28,316 $18,881 $2,992,635
280 $47,197 $28,493 $18,704 $2,964,142
281 $47,197 $28,671 $18,526 $2,935,471
282 $47,197 $28,850 $18,347 $2,906,621
283 $47,197 $29,031 $18,166 $2,877,590
284 $47,197 $29,212 $17,985 $2,848,378
285 $47,197 $29,395 $17,802 $2,818,983
286 $47,197 $29,578 $17,619 $2,789,405
287 $47,197 $29,763 $17,434 $2,759,642
288 $47,197 $29,949 $17,248 $2,729,693
289 $47,197 $30,136 $17,061 $2,699,556
290 $47,197 $30,325 $16,872 $2,669,231
291 $47,197 $30,514 $16,683 $2,638,717
292 $47,197 $30,705 $16,492 $2,608,012
293 $47,197 $30,897 $16,300 $2,577,115
294 $47,197 $31,090 $16,107 $2,546,025
295 $47,197 $31,284 $15,913 $2,514,741
296 $47,197 $31,480 $15,717 $2,483,261
297 $47,197 $31,677 $15,520 $2,451,584
298 $47,197 $31,875 $15,322 $2,419,710
299 $47,197 $32,074 $15,123 $2,387,636
300 $47,197 $32,274 $14,923 $2,355,362
301 $47,197 $32,476 $14,721 $2,322,886
302 $47,197 $32,679 $14,518 $2,290,207
303 $47,197 $32,883 $14,314 $2,257,323
304 $47,197 $33,089 $14,108 $2,224,235
305 $47,197 $33,296 $13,901 $2,190,939
306 $47,197 $33,504 $13,693 $2,157,436
307 $47,197 $33,713 $13,484 $2,123,723
308 $47,197 $33,924 $13,273 $2,089,799
309 $47,197 $34,136 $13,061 $2,055,663
310 $47,197 $34,349 $12,848 $2,021,314
311 $47,197 $34,564 $12,633 $1,986,750
312 $47,197 $34,780 $12,417 $1,951,970
313 $47,197 $34,997 $12,200 $1,916,973
314 $47,197 $35,216 $11,981 $1,881,757
315 $47,197 $35,436 $11,761 $1,846,321
316 $47,197 $35,657 $11,540 $1,810,664
317 $47,197 $35,880 $11,317 $1,774,783
318 $47,197 $36,105 $11,092 $1,738,679
319 $47,197 $36,330 $10,867 $1,702,348
320 $47,197 $36,557 $10,640 $1,665,791
321 $47,197 $36,786 $10,411 $1,629,005
322 $47,197 $37,016 $10,181 $1,591,990
323 $47,197 $37,247 $9,950 $1,554,743
324 $47,197 $37,480 $9,717 $1,517,263
325 $47,197 $37,714 $9,483 $1,479,549
326 $47,197 $37,950 $9,247 $1,441,599
327 $47,197 $38,187 $9,010 $1,403,412
328 $47,197 $38,426 $8,771 $1,364,986
329 $47,197 $38,666 $8,531 $1,326,320
330 $47,197 $38,908 $8,290 $1,287,413
331 $47,197 $39,151 $8,046 $1,248,262
332 $47,197 $39,395 $7,802 $1,208,867
333 $47,197 $39,642 $7,555 $1,169,225
334 $47,197 $39,889 $7,308 $1,129,336
335 $47,197 $40,139 $7,058 $1,089,197
336 $47,197 $40,390 $6,807 $1,048,808
337 $47,197 $40,642 $6,555 $1,008,166
338 $47,197 $40,896 $6,301 $967,270
339 $47,197 $41,152 $6,045 $926,118
340 $47,197 $41,409 $5,788 $884,709
341 $47,197 $41,668 $5,529 $843,042
342 $47,197 $41,928 $5,269 $801,114
343 $47,197 $42,190 $5,007 $758,924
344 $47,197 $42,454 $4,743 $716,470
345 $47,197 $42,719 $4,478 $673,751
346 $47,197 $42,986 $4,211 $630,765
347 $47,197 $43,255 $3,942 $587,510
348 $47,197 $43,525 $3,672 $543,985
349 $47,197 $43,797 $3,400 $500,188
350 $47,197 $44,071 $3,126 $456,117
351 $47,197 $44,346 $2,851 $411,771
352 $47,197 $44,623 $2,574 $367,148
353 $47,197 $44,902 $2,295 $322,245
354 $47,197 $45,183 $2,014 $277,062
355 $47,197 $45,465 $1,732 $231,597
356 $47,197 $45,750 $1,447 $185,847
357 $47,197 $46,035 $1,162 $139,812
358 $47,197 $46,323 $874 $93,489
359 $47,197 $46,613 $584 $46,876
360 $47,197 $46,904 $293 $0


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