Exceptional investment opportunity in Fruitland, MD just south of Salisbury, MD. Built in 2010, offering 4 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.
- 4 units totaling 4,320 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 $71,170.40 - Prime MD Eastern Shore location constructed in 2010, zoned R-3 -Ask Listing Agent for P & L & Leases (NDA is required)
Details
MLS#: MDWC2014418 Price: $1,000,000
Year Built: 2010
County: WICOMICO Subdivision: Cedar Commons Tax Fee: 10785.2
Information is believed to be accurate but should not be relied upon without verification.
Data Provided by Bright MLS
Last updated: 2024-07-17T10:58:05.000-04:00. Privacy Policy