๐จ Turn $41K into 6-bedroom income machine (+ 3 more steals)
REO foreclosure, house hack compound and a mountain top sleeper
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.
Passive Cash-Flowing Properties
Buy shares of investment properties, earn rental income & appreciation for anywhere from $100 to $20k โ let Arrived take care of the rest.
Distressed Deals of The Week
๐ 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.
โก 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.
โฐ 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.
๐ $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
๐ก 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.
๐ก 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
๐ฐ 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
โ ๏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)
๐ 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.