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211-225 North Brown Street

FRUITLAND, MD 21826
  • $2,000,000
  • STATUS: Active
  • ON SITE: 81 Days
  • ID#: MDWC2014416
UPDATED: 68 min ago
$2,000,000
  • 0
    BEDS
  • 1.03
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
2010
County:

School Ratings & Info

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

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Bic DeCaro & Associates | eXp Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-10-07T06:53:11.307.
www.bicdecaro.com/homes/152687116
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211-225 North Brown Street FRUITLAND, MD 21826

  • Price: $2,000,000
  • Status: Active
  • On Site: 81 Days
  • Updated: 68 min ago
  • ID#: MDWC2014416
0
Beds
0
Baths
0
½ Baths
1.03
Acres
2010
Built
Neighborhood:
Cedar Commons
County:
Wicomico
Area:
Wicomico Southeast (23-04)
School District:
Wicomico County Public Schools
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
Exterior Features

Construction Materials Combination Garage YN No Parking Types Parking Lot Property Condition Very Good Water Access YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 8754.00 Cooling Heat Pump(s) Heating Heat Pump(s) Heating YN Yes Net Square Feet 8754.00

Property Features

Acceptable Financing CashConventional Accessibility Features 32"+ wide Doors Central Air YN No Cooling Fuel Electric Heating Fuel Electric Hot Water Electric Navigable Water YN N New Construction YN No Original MLSNumber 803215505854 Ownership Interest Fee Simple Property Sub Type Other Sale Type Standard Sewer Public Hook/Up Avail Tax Annual Amount 19955.00 Vacation Rental YN No Water Source Public Zoning R-3

Listing courtesy of SVN/Miller Commercial Real Estate: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Bic DeCaro & Associates | eXp Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-10-07T06:53:11.307.
 
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Bic DeCaro & Associates | eXp Realty
20130 Lakeview Center Plaza, Suite 400
Ashburn VA, 20147