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203 E Main Street, Fruitland, MD 21826
$240,000
203 E Main Street, Fruitland, MD 21826View this property at 203 E Main Street, Fruitland, MD 21826
203 E Main StreetFruitlandMD21826
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Property Description
**Welcome to a Prime Investment Opportunity in the Heart of Fruitland, Maryland! This duplex is strategically located and caters to both seasoned investors and first-time homebuyers eager to offset their mortgage costs through rental income. The duplex comprises two units, with the first boasting a spacious 3-bedroom, 1-bathroom layout, while the second unit offers a cozy 2-bedroom, 1-bathroom space. *Investors will find this property particularly enticing, offering the flexibility to maximize returns by renting out both units or residing in one while leasing the other. The potential for dual rental income adds a lucrative dimension to your investment strategy, making this duplex a wise addition to your portfolio. *First-time homebuyers, envision owning a property where your mortgage is partially covered by the rental income from the second unit. This practical approach allows you to step into homeownership seamlessly while enjoying the financial benefits of real estate investment. *Conveniently located in Fruitland, the duplex provides proximity to local amenities, schools, and parks. Its strategic location not only enhances its appeal to tenants but also positions it for long-term value appreciation as the community continues to grow. *The duplex's unique configuration ensures broad tenant appeal, attracting families to the 3-bed unit and accommodating smaller households or professionals in the 2-bed unit. This diversity ensures a steady stream of rental revenue for savvy investors. *What sets this property apart is its commitment to compliance and professional management. Rest assured, it comes with all the proper licenses and permits, offering you a worry-free investment. Currently professionally managed, this duplex provides a hands-off experience for investors, allowing you to enjoy the benefits of ownership without the day-to-day hassles. *Fruitland's positive growth trajectory adds to the allure of this investment. As the community flourishes, so will the value of your property, providing a foundation for long-term financial stability.* *Whether you're looking to diversify your investment portfolio or embark on homeownership with a savvy financial approach, this duplex offers an exceptional opportunity. Contact us today to schedule a viewing and explore the endless possibilities that await you in Fruitland, Maryland.
Full Property Details
Full Property Details for 203 E Main St
General
- Sold For: $240,000
- Taxes: $1,400 (2023)
- Status: Closed
- Type: Single Family
- MLS ID: MDWC2011612
- Added to Site: 169 day(s) ago
Interior
- Interior Features: Entry Level Bedroom, Ceiling Fan(s), Crown Moldings
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Upper Floor Baths: 1
- Upper - Full Baths: 1
- Main Floor Baths: 1
- Main - Full Baths: 1
Bedrooms
- Total Bedrooms: 5
- Bedrooms Upper: 2
- Bedrooms Main & Up: 3
Exterior
- Porch/Patio/Deck: Porch(es)
Parking
- Parking Features: Dirt Driveway
- Parking Type: Off Street
Location
- Area: Wicomico Southeast (23-04)
- Municipality: Fruitland
- County: Wicomico
- Development Name: None Available
- Subdivision: None Available
- Building Name: NONE AVAILABLE
- Driving Directions: heading south on 13, turn left onto Main Street. Located 2 blocks on left.
- City Limits: Yes
School Information
- School District: Wicomico County Public Schools
- High School: Parkside
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Radiator
- Heating Fuel: Natural Gas
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Natural Gas Available, Electric Available, Sewer Available
Structural Information
- Architectural Info: Colonial
- Architectural Style: Colonial
- Structure Type: Detached
- Construction: Shingle Siding
- Basement: Yes
- Basement Entrance: Yes
- Basement Desc.: Outside Entrance
- Foundation: Block
- Roof: Asphalt
- Windows: Insulated, Screens
- Doors: Storm
- Stories/Levels: 0
- Stories Description: Main, Upper 1
- Square Feet: 2,480
- Sq. Ft. Source: Estimated
- Living Area: 2,480 Sq. Ft.
- Year Built: 1935
- Year Built Source: Assessor
- Property Condition: Good
Unit Information
- Unit Floor in Bldg.: 2
Additional Structures
- Other Structures: Storage Barn/Shed
Lot Features
- Lot Size (Acres): 0.38
- Lot Size (Sq. Ft.): 16,482
- Lot Size Source: Estimated
- Lot Dimensions: 0.00 x 0.00
- Lot Features: Cleared, Trees/Wooded
- Zoning: R1C
- Lot Description: Cleared, Trees/Wooded
Financial Considerations
- Price Per Sq. Ft.: $104.8
- Assessment Year: 2023
- City/TownTax: $654
- City/TownTax Freq: Annually
- County Tax: $662
- County Tax Freq: Annually
- Tax w/Assessment: $74,733
- Tax Amount: $1,400
- Tax Year: 2023
- Terms: Standard Sale
- Tax Total Finished Sq. Ft.: 912
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Ownership: Fee Simple
- Lot Number: 9
Listed and Sold by HomeSource Pro Real Estate, Joshua Mast
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Schools
Schools serving 203 E Main St
School District:Wicomico County Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
Fruitland Primary School
301 N Division St, Fruitland, MD 21826 | PK-2 | 0.4 mi | |
208 W Main St, Fruitland, MD 21826 | 3-5 | 0.4 mi | |
532 S Division St, Fruitland, MD 21826 | 6-8 | 0.7 mi | |
1015 Beaglin Park Dr, Salisbury, MD 21804 | 9-12 | 3.1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 203 E Main St
Date
Details
Price
Change
Source
2/23/2024
Sold
$240,000
-7.66%
MLS
11/15/2023
Listed
$259,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
203 E Main Street, Fruitland, MD 21826 (MLS# MDWC2011612) is a Single Family property that was sold at $240,000 on February 23, 2024. Want to learn more about 203 E Main Street? Do you have questions about finding other Single Family real estate for sale in Fruitland? You can browse all Fruitland real estate or contact a Coldwell Banker agent to request more information.