Property Attributes
- MLS#MDWC2012396
- TypePending
- CountyWICOMICO
- CityFruitland
- AreaWicomico Southwest
- Zip21826
- StyleApartment Building
- Year Built1935
- Taxes$ 14705
- Price$ 1,450,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage8800
- Lot Size0.48 Acres
Data Source:
Bright MLS
Property Description
This recently renovated property has been expertly transformed into a lucrative investment opportunity, featuring nine units within a multi-family residence. The extensive refurbishment involved a comprehensive upgrade, including the installation of new electrical wiring, HVAC, and plumbing systems. Each of the 2-bedroom, 2- bathroom units is thoughtfully designed with modern amenities, such as in-unit washer/dryer, stainless steel appliances, granite countertops, and a combination of luxury vinyl tile (LVT) flooring and plush bedroom carpeting. One unit has been strategically retrofitted to comply with ADA standards, broadening its appeal. An attractive feature for potential investors is the dedicated onsite parking for each unit, ensuring convenience for tenants and adding value to the property. With its turnkey status and attention to contemporary living standards, this property presents a compelling investment opportunity for those seeking a reliable and attractive return.
Price History | |
---|---|
2/3/2024 | Listed $1,450,000 |
General Features
Sewer | Public Sewer |
---|---|
Heating | Heat Pump(s) |
Cooling | Central A/C |
Possession | Immediate |
Zoning | R1C |
Construction Materials | Vinyl Siding |
Year Built | 1935 |
Property SubType | Five Or More Units |
Tax Year | 2023 |
Percent Ownership | Fee Simple |
Cool Fuel | Electric |
Business Type | Apartment Building |
Accessibility | 32 + wide Doors,Roll-in Shower,Ramp - Main Level,Roll-under Vanity,Other |
County | WICOMICO |
New Construction | No |
Property Type | Commercial Sale |
Water Access Y/N | No |
Status | PENDING |
Directions | Rt. 13 Fruitland,Turn on West Main St. Property on the Right. |
ModificationTimestamp | 2024-03-18T09:24:28 |
City | FRUITLAND |
Buyer Agent Compensation | 2.5 |
Total Units | 9 |
MLS Area | Wicomico Southwest (23-03) |
Lot Size Square Feet | 20875.00 |
Tax Assessed Value | 784833.0 |
Waterfront Y/N | No |
Street Name | MAIN |
Tax Annual Amount | 14705.0 |
Price Per Sq Ft | 164.77 |
Vacation Rental Y/N | No |
Days on Market | 46 |
Standard Status | Pending |
Year Built Source | Assessor |
Buyer Agent Compensation Type | % Of Gross |
Interior Features
Heating Fuel | Electric |
---|---|
Hot Water | Electric |
Heating Y/N | Yes |
Street Suffix | STREET |
Central Air Y/N | Yes |
Exterior Features
Water Source | Public |
---|---|
Total Parking Spaces | 25 |
Type of Parking | Private Garage |
Land Use Code | M |
Water View Y/N | No |
Building Area Total | 8800.00 |
Lot Dimensions | 0.00 x 0.00 |
Lot Size Acres | 0.48 |
Lot Size Units | Square Feet |
Lot Size Source | Assessor |
Land Assessed Value | 0.00 |
Navigable Water Y/N | No |
Water Oriented Y/N | No |
LotDimensionsSource | Assessor |
Car Parking Spaces | 25 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool