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227/229 North Brown Street, Fruitland, MD 21826

$455,000
  • 227/229 North Brown Street, Fruitland, MD 21826 Main Photo

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SQUARE FEET2,274 MLS#MDWC2018048
STATUSACTIVE PROPERTY TYPEMulti Unit - Multiple SCHOOLWICOMICO COUNTY PUBLIC SCHOOLS

Property Description

Investment Opportunity in a Strong Rental Market. No changes in asking rent for 3 years and current market rent is $75-$100 higher per bedroom. - 2 unit, 2274 Square Foot Duplex consisting of Two, Three Bedroom/Three bath units & are rented for 2025/2026 school year. -Rental Income of $41,400 and NOI of $$31,093.47 - Both units are in great condition with no deferred maintenance. -Tenants are responsible for all utilities & water/sewer. -The leases are designed to give the Landlord 12 days to turn the unit while rent is still being paid. -Buyers can tour the interior of the units with an agreed upon LOI.

227/229 North Brown Street | MLS# MDWC2018048

This multi-family property located at 227/229 North Brown Street, Fruitland, MD 21826 is currently listed for sale with an asking price of $455,000. 227/229 North Brown Street is located within the WICOMICO COUNTY PUBLIC SCHOOLS school district. Search Fruitland real estate on www.movewithmike.net today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Heat Pump(s)
Fuel Type: Electric
Heating: Heat Pump - Electric BackUp
Home Style: Cape Cod
Lot Size: 0.28 Acres
Taxes: $5,084
Year Built: 2009

Feature Descriptions

Accessibility: 32"+ wide Doors
Additional Structures: Above Grade
Building Name: NONE AVAILABLE
Exterior: Combination
Lot Dimensions: 0.28 Acre(S)
Sewer: Public Sewer
Structure Type: Twin/Semi-Detached
Three Bedroom Units: 2
Units: 2
Water: Public

Local Schools

School District: WICOMICO COUNTY PUBLIC SCHOOLS

Listed By / Shown By

Listed By

Agency Name: SVN/Miller Commercial Real Estate
Agency Phone: 4105432440

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Estimated Payment

$ 1,569.01 per month $1,012.63 Principal & Interest $423.67 Property Tax $132.71 Homeowner's Insurance

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