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.
Listed By
Agency Name: SVN/Miller Commercial Real Estate
Agency Phone: 4105432440
Shown By
Agent Name: The Mike Hackenberger Team
Agent Phone: Cell: (717) 309-2740
Agency Title: Berkshire Hathaway HomeServices Homesale Realty
Estimated Payment
$ 1,569.01 per month $1,012.63 Principal & Interest $423.67 Property Tax $132.71 Homeowner's Insurance
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.