219-225 North Brown Street Fruitland, MD 21826
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)
- Property TypeCommercial
- NeighborhoodCedar Commons
- CountyWicomico
- Taxes$10,785
- HOA/Condo/Coop Fees$0
- Days on Site44 Days
- MLS StatusActive
- MLS ID NumberMDWC2014418
- Home Size Source Estimated
- Year Built2010
- Lot Size0.48 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Parking Parking Lot
- Sewer Public Sewer
- Acreage 0.48
- Water Public
- Attached Garage No
- Zoning R-3
Interior Features
- Cooling Central A/ CElectric
- Heating Heat Pump(s)Electric
Exterior Features
- Roof Shingle
- Spa No
- Waterfront Property No
Community Features
- MLS Area Wicomico Southeast (23-04)