Fruitland, MD 21826,219-225 NORTH BROWN ST
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Fruitland, MD 21826,219-225 NORTH BROWN ST
Fruitland, MD 21826,219-225 NORTH BROWN ST
Fruitland, MD 21826,219-225 NORTH BROWN ST
Fruitland, MD 21826,219-225 NORTH BROWN ST
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219-225 NORTH BROWN ST Fruitland, MD 21826

4,320 SqFt


UPDATED:

08/14/2024 03:25 PM

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

Abv Grd Liv Area 4,320

Originating Board BRIGHT

Year Built 2010

Annual Tax Amount $10,785

Tax Year 2023

Lot Size 0.480 Acres

Acres 0.48

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

Heat Source Electric

Exterior

Garage Spaces 12.0

Waterfront N

Water Access N

Roof Type Shingle

Accessibility 2+ Access Exits

Parking Type Parking Lot

Total Parking Spaces 12

Garage N

Building

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Architectural Style Contemporary

Additional Building Above Grade

New Construction N

Schools

School District Wicomico County Public Schools

Others

Tax ID NO TAX RECORD

Ownership Fee Simple

SqFt Source Estimated

Acceptable Financing Cash, Conventional, Private

Listing Terms Cash, Conventional, Private

Financing Cash,Conventional,Private

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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219-225 NORTH BROWN ST