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
Details
MLS#: MDWC2014416 Price: $2,000,000
Year Built: 2010
County: WICOMICO Subdivision: Cedar Commons Tax Fee: 19955.0
Information is believed to be accurate but should not be relied upon without verification.
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Last updated: 2024-07-17T11:09:48.000-04:00. Privacy Policy