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227/229 North Brown Street
FruitlandMD 21826

$455,000
New Listing For Sale
Tools
Broschüre
Size
2,274 Sq Ft.
interior
0.27 Acker
Exterior
Financial
$455,000
Change Currency
$200
Price Per Sqft
$4,840
Annual taxes
Listing Details
Multi-Familie
Immobilienart
2009
Baujahr
13008622
Web-ID
MDWC2015080
MLS-ID
11
Days Posted

Beschreibung

227/229 North Brown Street,

Fruitland, MD 21826

Investment Opportunity in a Strong Rental Market. No changes in asking rent for the last 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 2024/2025 school year. -Rental Income of $48,956 and NOI of $28,212.87 -Proforma NOI at market rent is $35,412.87 or 7.8% cap rate - 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.

This is an Active listing.

Broker Office Phone Number: 410-543-2440

Copyright © 2024Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Ausstattung

  • Heat Pump

Preisentwicklung

datepricevariancetype
9/12/2024$455,000-Gelistet
Listing By: SVN/Miller Commercial Real Estate via Data Source: Bright MLS 
Listing-Agent: Andrew Ball


Located at 227/229 North Brown Street, Fruitland, Maryland 21826, this Multi-Familie is for Verkauf with a price of $455,000 USD. The property was built in 2009,. This listing has 2,274 ft² of interior space on a lot of .27 Acker. See all Homes for Verkauf in Fruitland.
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