Fruitland, MD 21826,211-217 NORTH BROWN ST
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Fruitland, MD 21826,211-217 NORTH BROWN ST
Fruitland, MD 21826,211-217 NORTH BROWN ST
Fruitland, MD 21826,211-217 NORTH BROWN ST
Fruitland, MD 21826,211-217 NORTH BROWN ST
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211-217 NORTH BROWN ST Fruitland, MD 21826

4,434 SqFt


UPDATED:

08/14/2024 09:55 AM

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

Originating Board BRIGHT

Year Built 2010

Annual Tax Amount $9,907

Tax Year 2023

Lot Size 0.560 Acres

Acres 0.56

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)

Heat Source Electric

Exterior

Garage Spaces 12.0

Waterfront N

Water Access N

Accessibility 32\"+ wide Doors

Parking Type Parking Lot

Total Parking Spaces 12

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Wicomico County Public Schools

Others

Tax ID NO TAX RECORD

Ownership Fee Simple

SqFt Source Estimated

Acceptable Financing Conventional, Cash

Listing Terms Conventional, Cash

Financing Conventional,Cash

Special Listing Condition Standard


Bright MLS (BMLS)
Listed by Andrew Ball • SVN |Miller Commercial Real Estate

CB Premier

Agent

+1(888) 617-5470

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211-217 NORTH BROWN ST