227/229 NORTH BROWN ST new to site Save Request In-Person Tour Request Virtual Tour
Fruitland,MD 21826
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Twin/Semi-Detached
Listing Status Active
Purchase Type For Sale
Square Footage 2,274 sqft
Price per Sqft $200
MLS Listing ID MDWC2018048
Style Cape Cod
Abv Grd Liv Area 2,274
Year Built 2009
Annual Tax Amount $5,084
Tax Year 2025
Lot Size 0.276 Acres
Acres 0.28
Property Sub-Type Twin/Semi-Detached
Source BRIGHT
Property Description
Investment Opportunity in a Strong Rental Market. No changes in asking rent for 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 2025/2026 school year.
-Rental Income of $41,400 and NOI of $$31,093.47
- 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.
Location
State MD
County Wicomico
Area Wicomico Southeast (23-04)
Zoning R-3
Interior
Hot Water Electric
Heating Heat Pump - Electric BackUp
Cooling Heat Pump(s)
Fireplace N
Heat Source Electric
Exterior
Water Access N
Accessibility 32\"+ wide Doors
Garage N
Building
Foundation Crawl Space
Sewer Public Sewer
Water Public
Architectural Style Cape Cod
Additional Building Above Grade
New Construction N
Schools
School District Wicomico County Public Schools
Others
Tax ID NO TAX RECORD
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard