219-225 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 4,320 sqft
Price per Sqft $231
Subdivision Cedar Commons
MLS Listing ID MDWC2014536
Style Contemporary
Year Built 2010
Annual Tax Amount $10,785
Tax Year 2023
Lot Size 0.480 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 4,320 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 $71,170.40
- Prime MD Eastern Shore location constructed in 2010, zoned R-3
-Ask Listing Agent for P & L & Leases (NDA is required)
Location
State MD
County Wicomico
Area Wicomico Southeast (23-04)
Zoning R-3
Interior
Hot Water Electric
Heating Heat Pump(s)
Cooling Central A/C
Exterior
Garage Spaces 12.0
Waterfront N
Water Access N
Roof Type Shingle
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Wicomico County Public Schools
Others
Acceptable Financing Cash,Conventional,Private
Listing Terms Cash,Conventional,Private
Special Listing Condition Standard