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 4,434 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 $71,522.76. Request P&L and Leases from listing Agent (signed NDA required) - Prime MD Eastern Shore location constructed in 2010, zoned R-3
Details
MLS#: MDWC2014420 Price: $1,000,000
Year Built: 2010
County: WICOMICO Subdivision: Cedar Commons Tax Fee: 9907.0
Information is believed to be accurate but should not be relied upon without verification.
Data Provided by Bright MLS
Last updated: 2024-07-17T11:31:00.000-04:00. Privacy Policy