211-225 NORTH BROWN ST Active Save Request In-Person Tour Request Virtual Tour
Fruitland,MD 21826
Key Details
Property Type Townhouse
Sub Type Twin/Semi-Detached
Listing Status Active
Purchase Type For Sale
Square Footage 4,434 sqft
Price per Sqft $451
Subdivision Cedar Commons
MLS Listing ID MDWC2014538
Style Contemporary
Year Built 2010
Annual Tax Amount $19,955
Tax Year 2023
Lot Size 1.030 Acres
Property Description
Exceptional investment opportunity in Fruitland, MD just south of Salisbury, MD. Built in 2010, offering 8 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.
- 8 units totaling 8,754 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 $144,322.66. Request P & L and Leases from listing agent
- 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 24.0
Waterfront N
Water Access N
Building
Foundation Concrete Perimeter
Sewer Public Hook/Up Avail
Water Public
New Construction N
Schools
School District Wicomico County Public Schools
Others
Special Listing Condition Standard