Listed By:
Keller Williams Realty Delmarva
Address
123 W Main Street, Fruitland, MD
Price
$ 1,450,000
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

Property vs Pending Average in 21826

Price
AVG $350K
$1.45M
Taxes
AVG $3,861
$14,705
Visits
AVG 129
37
Data Provided by Inside Real Estate®
Year Built
AVG 1978
1935

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