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๐Ÿšจ Turn $41K into 6-bedroom income machine (+ 3 more steals)

REO foreclosure, house hack compound and a mountain top sleeper

Sep 23, 2025
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ATTOM just crowned Maryland #1 for flipping ROI nationwide in Q2 - and we're serving up four MD deals to prove why.

This week's opportunities include a triple-unit compound with owner-occupy house hacking potential at $136/sqft pricing.

Plus a 7-bedroom REO foreclosure dropping 19.6% below February peak with 20% gross yields.

Also a mountain town brick bungalow with full basement doubling potential square footage.

And a commercial-zoned townhouse at $18/sqft - the most aggressive pricing we've tracked all year.

Free readers get the triple-unit compound breakdown.

Paid subscribers get all 4 distressed property deals.

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Distressed Deals of The Week

๐Ÿ† Triple Threat Goldmine

$399,900 ask on detached compound = owner-occupy + 2 rental units.

$4,900 Airbnb potential + separate utilities + 143% appreciation since 2006 for house hackers ready to live free.

โšก Instant Equity

$230,000 REO property drops 19.6% from February peak.

7 bedrooms + 20% gross yield + $56K instant equity = BRRRR strategy perfection for cash buyers.

โฐ Mountain Town Sleeper

$105,900 ask on 2,032 sqft total structure = $52/sqft all-in pricing.

435 days on market + full basement + large lot = patient value play for eviction-comfortable investors.

๐Ÿ’Ž $18/Sqft Gem

$41,000 ask on 2,796 sqft structure = most aggressive pricing we've tracked.

C-1 commercial zoning + 43% yield potential + Penn North gentrification bet = total reconstruction specialists only.


1611 Mount Hermon Rd, Salisbury, MD 21804

$399,900 | 5 beds | Multi-family | 2,940 sqft

๐Ÿก Multi-family investment opportunity with main residence + 2 detached rental units.

Main house: 3BR/2BA rancher (1,470 sqft) fully renovated.

Plus detached building with two 1BR/1BA apartments (740 sqft each).

Each building has separate septic and well water systems.

๐Ÿ’ก Pro Tip:

  • Owner-occupy main house while rental income offsets mortgage payments

  • Strong Airbnb/traveling nurse demand in area ($3,400-$4,900/month potential)

  • Fully detached units provide privacy and separate utility systems

  • Recent renovations on main residence completed

๐Ÿ’ฐ Financial Snapshot

  • Est. Market Value: No Zestimate available

  • Current Ask: $399,900

  • Previous Sale: $164,512 (2006) - 143% appreciation

  • Layout: 5 bed/4 bath total across 3 units

  • Building Size: 2,940 sqft total

  • Lot Size: 0.64 acres

  • Year Built: 1965

  • Price per Sq Ft: $136

  • Rent Zestimate: $1,644/mo

  • Potential Gross Yield: 10-15% (based on owner projections)

  • Annual Taxes: $1,636

โš ๏ธ Heads Up

  • For sale by owner - no agent representation

  • Well water and septic systems require maintenance

  • 80 days on market with moderate interest (397 views)

  • Tax assessment significantly lower than asking price ($170K vs $400K)

๐Ÿ† Best For:

  • House hackers seeking owner-occupy strategy

  • Investors targeting short-term rental markets

  • Buyers comfortable with rural utility systems

  • Cash or conventional buyers (no special financing needed)

Why it works:

  • Triple income streams from one property purchase.

  • Owner-occupy potential significantly reduces living expenses while building equity.

  • Strong vacation rental market in Salisbury area creates upside beyond traditional rent rolls.

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