MD > Fruitland > Cedar Commons
Fruitland, MD 21826,211-225 NORTH BROWN ST
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Fruitland, MD 21826,211-225 NORTH BROWN ST
Fruitland, MD 21826,211-225 NORTH BROWN ST
Fruitland, MD 21826,211-225 NORTH BROWN ST
Fruitland, MD 21826,211-225 NORTH BROWN ST
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Tracy Marshall

Tracy Marshall

+1(443) 306-7673
$ 2,000,000
Est. payment /mo
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Pending

211-225 NORTH BROWN ST Fruitland, MD 21826

8,754 SqFt

UPDATED:

11/22/2024 06:31 PM

Key Details

Property Type Commercial

Sub Type Other

Listing Status Pending

Purchase Type For Sale

Square Footage 8,754 sqft

Price per Sqft $228

Subdivision Cedar Commons

MLS Listing ID MDWC2014416

Originating Board BRIGHT

Year Built 2010

Annual Tax Amount $19,955

Tax Year 2023

Lot Size 1.030 Acres

Acres 1.03

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

Location

State MD

County Wicomico

Area Wicomico Southeast (23-04)

Zoning R-3

Interior

Hot Water Electric

Heating Heat Pump(s)

Cooling Heat Pump(s)

Heat Source Electric

Exterior

Garage Spaces 24.0

Water Access N

Accessibility 32\"+ wide Doors

Total Parking Spaces 24

Garage N

Building

Sewer Public Hook/Up Avail

Water Public

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

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

Bright MLS (BMLS)
Listed by Andrew Ball • SVN/Miller Commercial Real Estate

Tracy Marshall

License ID: 678268

+1(443) 306-7673

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211-225 NORTH BROWN ST