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219-225 North Brown St, Fruitland, MD 21826

$1,000,000

  • For Sale
  • Active
  • Multi-Family
219-225 North Brown St, Fruitland, MD 21826View this property at 219-225 North Brown St, Fruitland, MD 21826
219-225 North Brown StFruitlandMD21826
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Exceptional investment opportunity in Fruitland, MD just south of Salisbury, MD. Built in 2010, offering 4 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. - 4 units totaling 4,320 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 $71,170.40 - Prime MD Eastern Shore location constructed in 2010, zoned R-3 -Ask Listing Agent for P & L & Leases (NDA is required)

Full Property Details for 219-225 North Brown St

General

  • Price: $1,000,000
  • Taxes: $10,785 (2023)
  • Status: Active
  • Type: Multi-Family
  • Source: BrightMLSMidAtlantic
  • MLS ID: MDWC2014536
  • Updated: 8/8/2024
  • Added to Site: 38 day(s) ago

Parking

  • Total Spaces: 12
  • 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

  • Central air: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Water Heater: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Info: Contemporary
  • Architectural Style: Contemporary
  • Structure Type: Twin/Semi-Detached
  • Construction: Combination
  • Foundation: Concrete Perimeter
  • Roof: Shingle
  • Stories/Levels: 0
  • Square Feet: 4,320
  • Sq. Ft. Source: Estimated
  • Living Area: 4,320 Sq. Ft.
  • Year Built: 2010
  • Year Built Source: Estimated
  • Property Condition: Very Good

Unit Information

  • 3 Bedroom Units: 2

Lot Features

  • Lot Size (Acres): 0.48
  • Lot Size (Sq. Ft.): 20,908
  • Lot Size Source: Estimated
  • Zoning: R-3

Financial Considerations

  • Price Per Sq. Ft.: $231.48
  • Assessment Year: 2024
  • City/TownTax: $5,580
  • City/TownTax Freq: Annually
  • Tax w/Assessment: $1,000,000
  • Tax Amount: $10,785
  • Tax Year: 2023

Disclosures and Reports

  • Ownership: Fee Simple

Listed by SVN/Miller Commercial Real Estate, Andrew Ball

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Listing agent

— 219-225 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 219-225 North Brown St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/08/2024
Listed
$1,000,000
—
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 219-225 North Brown St

Year
Property Taxes
Change
Tax Assessment
Change
2023
$1,289
2%
$129,267
4%
2022
$1,269
5%
$124,533
4%
2019
$1,205
—
$119,800
2%
2021
$1,211
—
$117,467
2%
2020
$1,205
2%
$115,133
2%
2019
$1,186
1%
$112,800
1%
2018
$1,169
—
$111,167
1%
2017
$1,165
1%
$109,533
2%
2016
$1,148
—
$107,900
—
2015
$1,148
4%
$107,900
—
2014
$1,101
—
$107,900
—
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 219-225 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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219-225 North Brown St, Fruitland, MD 21826 (MLS# MDWC2014536) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 219-225 North Brown St is currently listed for $1,000,000 and was received on August 08, 2024. Want to learn more about 219-225 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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