1. Maryland
  2. Fruitland
  3. 227/229 NORTH BROWN STREET
$455,000

227/229 NORTH BROWN STREET, Fruitland, MD 21826

  • 2,274 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 2009
  • Property Lot Size Icon0.28acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $200/sqft
  • Property List Date Icon Listed 2 months ago

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.

Listing Status:
Active
Date Added:
May 15, 2025 at 05:00AM
Listing Office:
SVN/Miller Commercial Real Estate : 4105432440
Listing Agent:
Andrew Ball : 4104223672
MLS ID:
MDWC2018048
  • A/C: Heat Pump(s)
  • Heating: YHeat Pump - Electric BackUpElectric
  • Disability Feature: 32"+ wide Doors

This listing courtesy of Andrew Ball, SVN/Miller Commercial Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

F

Fruitland Primary School

301 N Division St, Fruitland, MD, 21826

Grades PK-2

0.15 miles away

B

Bennett Middle School

532 S Division St, Fruitland, MD, 21826

Grades 6-8

1.05 miles away

J

James M. Bennett High School

300 E College Ave, Salisbury, MD, 21804

Grades 9-12

2.18 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.