Fruitland, MD 21826,227/229 NORTH BROWN ST
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Fruitland, MD 21826,227/229 NORTH BROWN ST
Fruitland, MD 21826,227/229 NORTH BROWN ST
Fruitland, MD 21826,227/229 NORTH BROWN ST
Fruitland, MD 21826,227/229 NORTH BROWN ST
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Listed by Andrew Ball • SVN/Miller Commercial Real Estate
$ 455,000
Est. payment /mo
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227/229 NORTH BROWN ST Fruitland, MD 21826

2,274 SqFt


UPDATED:

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


Bright MLS (BMLS)
agent

Tom Spier

Broker | License ID: BR98371456

+1(202) 320-6711

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227/229 NORTH BROWN ST