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211-225 North Brown St, Fruitland, MD 21826

$2,000,000

  • For Sale
  • Active
  • Multi-Family
211-225 North Brown St, Fruitland, MD 21826View this property at 211-225 North Brown St, Fruitland, MD 21826
211-225 North Brown StFruitlandMD21826
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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

Full Property Details for 211-225 North Brown St

General

  • Price: $2,000,000
  • Taxes: $19,955 (2023)
  • Status: Active
  • Type: Multi-Family
  • Source: BrightMLSMidAtlantic
  • MLS ID: MDWC2014538
  • Updated: 8/8/2024
  • Added to Site: 35 day(s) ago

Parking

  • Total Spaces: 24
  • Parking Type: Parking Lot

Location

  • Area: Wicomico Southeast (23-04)
  • County: Wicomico
  • Development Name: Cedar Commons
  • Subdivision: Cedar Commons
  • Building Name: NONE AVAILABLE
  • Driving Directions: Located in the heart of Fruitland, MD.
  • City Limits: Yes

School Information

  • School District: Wicomico County Public Schools

Heating & Cooling

  • Cooling Type: Heat Pump(s)
  • Cooling Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Water Heater: Electric

Utilities

  • Sewer: Public Hook/Up Avail
  • Water: Public

Structural Information

  • Architectural Info: Contemporary
  • Architectural Style: Contemporary
  • Structure Type: Twin/Semi-Detached
  • Construction: Combination
  • Foundation: Concrete Perimeter
  • Stories/Levels: 0
  • Square Feet: 4,434
  • Sq. Ft. Source: Estimated
  • Living Area: 4,434 Sq. Ft.
  • Year Built: 2010
  • Year Built Source: Estimated
  • Property Condition: Very Good

Unit Information

  • 3 Bedroom Units: 4

Lot Features

  • Lot Size (Acres): 1.03
  • Lot Size (Sq. Ft.): 44,866
  • Lot Size Source: Estimated
  • Zoning: R-3

Financial Considerations

  • Price Per Sq. Ft.: $451.06
  • City/TownTax: $4,556
  • City/TownTax Freq: Annually
  • Tax w/Assessment: $1,949,634
  • Tax Amount: $19,955
  • Tax Year: 2023

Disclosures and Reports

  • Ownership: Fee Simple

Listed by SVN/Miller Commercial Real Estate, Andrew Ball

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Listing agent

— 211-225 North Brown St —

  • Andrew Ball

    SVN/Miller Commercial Real Estate

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Price & Sales History for 211-225 North Brown St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/08/2024
Listed
$2,000,000
100%
MLS
1/07/2015
Sold
$1,000,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 211-225 North Brown St

Year
Property Taxes
Change
Tax Assessment
Change
2023
$1,374
1%
$137,733
4%
2022
$1,355
5%
$132,967
4%
2019
$1,288
-1%
$128,200
2%
2021
$1,296
1%
$125,633
2%
2020
$1,288
2%
$123,067
2%
2019
$1,267
2%
$120,500
2%
2018
$1,248
—
$118,700
2%
2017
$1,243
2%
$116,900
2%
2016
$1,224
—
$115,100
—
2015
$1,224
4%
$115,100
—
2014
$1,175
—
$115,100
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 211-225 North Brown St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by SVN/Miller Commercial Real Estate, Andrew Ball

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211-225 North Brown St, Fruitland, MD 21826 (MLS# MDWC2014538) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 211-225 North Brown St is currently listed for $2,000,000 and was received on August 08, 2024. Want to learn more about 211-225 North Brown St? Do you have questions about finding other Multi-Family real estate for sale in Fruitland? You can browse all Fruitland real estate or contact a Coldwell Banker agent to request more information.

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