4 months on rocket

Sale Pending

211-225 N Brown St, Fruitland, MD, 21826

$2,000,000

Home List Price

$10,000*

Closing Credit

0 Baths
4,434 SqFt
$451/SqFt
House

Location

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211-225 N Brown St, Fruitland$2,000,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingParking Lot
Year Built2010
HeatingHeat Pump
CoolingHeat Pump
MLS #MDWC2014538
Lot Size1.03 Acres
StatusSale Pending
(PENDING)

About 211-225 N Brown St

Exceptional investment opportunity in Fruitland, MD just south of Salisbury, MD. Built in 2010, offering 8 units with 100% occupancy, presenting a turnkey investment for the discerning Multifamily / Single Family Rental Portfolio investor. With a prime location in the MD Eastern Shore area and zoned R-3, this property promises a strong and consistent rental income. Don't miss the chance to own a well-maintained, income-generating asset in a desirable location. - 8 units totaling 8,754 SF -Strong occupancy history and low turnover -Easy to lease floor plans with 3 primary suites all with private baths -Repairs and maintenance are insignificant as leases require tenants to maintain the property. HOA provides lawncare - 100% occupancy with NOI of $144,322.66. Request P & L and Leases from listing agent - Prime MD Eastern Shore location constructed in 2010, zoned R-3

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 2010
  • Living Area: 4,434 SqFt

Listing Office:

  • Office Name: SVN/Miller Commercial Real Estate
  • Office Phone: (410) 543-2440
  • Listing Agent: Andrew Ball

Exterior Features

Parking Information:

  • Parking: Parking Lot

Lot Features

Lot Information:

  • Lot Size: 1.03 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Heat Pump

Other

Directions Information:

  • Directions: Located in the heart of Fruitland, MD.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,000,000
  • Price Per SqFt: $451/SqFt
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Housing Market Comparison

See how this home compares to others in Fruitland, MD.

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Fruitland, MD

City

Med. Sold Price

$270K

Med. Price/SqFt

$166

Avg. Days On Market

24

# of Sold Homes

8

211-225 N Brown St vs Fruitland

135 DAYS ON ROCKET

+111 Days

$2,000,000

+$1.7M More

$451/SqFt

+$284 More

KEY TAKEAWAY

This property is $1.7M more than the Median Sold Price and $284/SqFt more than other homes in Fruitland, MD.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #MDWC2014538

Listing Office:

  • Office Name: SVN/Miller Commercial Real Estate
  • Office Phone: (410) 543-2440
  • Listing Agent: Andrew Ball

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 11:55:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$10K

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,063

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-832379
5
/10

  • Fruitland Intermediate School

  • 208 W Main St

  • 0.82 miles

  • Public District Grades 3-5

school-card-donut-832380
3
/10

  • Pinehurst Elementary School

  • 520 S Pinehurst Ave

  • 2.52 miles

  • Public District Grades PK-5

school-card-donut-832381
4
/10

  • Prince Street School

  • 400 Prince St

  • 3.15 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $68,893. Typical income of Fruitland, MD residents is between $35k-100k annually. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 211-225 N Brown St

What is the listing price of this property?

The listing price of 211-225 N Brown St property is $2,000,000.

What type of property is this?

The property 211-225 N Brown St is a house located in Fruitland, Maryland, 21826.

Is this property for sale now?

Sale Pending: 211-225 N Brown St is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What is the square footage of this property?

The property 211-225 N Brown St is 4,434 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 211-225 N Brown St is 2010.

Rocket Homes›Maryland›Wicomico County›Fruitland›21826›211-225 N Brown St

This home is located at 211-225 N Brown St in Fruitland, MD and zip code 21826. This 4,434 square foot home, which was built in 2010, sits on a 1.03 acre lot. It has been listed on Rocket Homes since August 08, 2024 and is currently priced at $2,000,000.

Over 1 listings were sold over their listed price in November 2024 in Fruitland, MD. In the same period over 4 listings were sold below the listed price and 3 listings were sold for the listed price. The number of listings in Fruitland, MD decreased by 6.3% between October 2024 and November 2024. The median list price of listings available in November 2024 was $270,000, while the average time on the real estate market was 24 days.

From Rocket Homes Real Estate and based on county public records data.

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