211-217 NORTH BROWN ST Active Save Request In-Person Tour Request Virtual Tour
Fruitland,MD 21826
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 4,434 sqft
Price per Sqft $225
Subdivision Cedar Commons
MLS Listing ID MDWC2014420
Year Built 2010
Annual Tax Amount $9,907
Tax Year 2023
Lot Size 0.560 Acres
Property Description
Exceptional investment opportunity in Fruitland, MD just south of Salisbury, MD. Built in 2010, offering 4 units with 100% occupancy, presenting a turnkey investment for the discerning Multifamily / Single Family Rental Portfolio investor. With a prime location in the MD Eastern Shore area and zoned R-3, this property promises a strong and consistent rental income. Don't miss the chance to own a well-maintained, income-generating asset in a desirable location.
- 4 units totaling 4,434 SF
-Strong occupancy history and low turnover
-Easy to lease floor plans with 3 primary suites all with private baths
-Repairs and maintenance are insignificant as leases require tenants to maintain the property. HOA provides lawncare
- 100% occupancy with NOI of $71,522.76. Request P&L and Leases from listing Agent (signed NDA required)
- Prime MD Eastern Shore location constructed in 2010, zoned R-3
Location
State MD
County Wicomico
Area Wicomico Southeast (23-04)
Zoning R-3
Interior
Hot Water Electric
Heating Heat Pump(s)
Cooling Heat Pump(s)
Exterior
Garage Spaces 12.0
Waterfront N
Water Access N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Wicomico County Public Schools
Others
Acceptable Financing Conventional,Cash
Listing Terms Conventional,Cash
Special Listing Condition Standard