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200 School Street

FRUITLAND, MD 21826
  • $164,900
  • STATUS: Active
  • ON SITE: 19 Days
  • ID#: MDWC2012468
UPDATED: 23 min ago
$164,900
  • 3
    BEDS
  • 0.44
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 1,056
    SQFT
  • $156
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1977
County:

School Information

Elementary School:
Middle School:
High School:

Description

** Property is part of a larger portfolio and will not be sold individually. Asking price on entire portfolio is $2,979,200** Welcome to an exceptional investment opportunity! This diversified portfolio consists of 19 properties comprising a total of 20 units, primarily single-family homes, along with one duplex. With a gross annual rental income of $319,860, this portfolio offers a robust and steady income stream for savvy investors and with some properties being newly renovated and others offering value-add opportunities, the potential is limitless! Tenants are responsible for water, trash, sewer and lawn maintenance, ensuring minimal expenses for the property owner. All properties are located in Salisbury and Fruitland, so they benefit from a stable rental demand and strong long-term tenant occupancy. Whether you+GGre a seasoned investor or just getting started in real estate, this portfolio offers the potential for significant returns and long-term wealth accumulation.

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use 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 may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Pearson Smith Realty. 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. Data last updated: 2024-02-29T18:53:19.817.
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200 School Street FRUITLAND, MD 21826

  • Price: $164,900
  • Status: Active
  • On Site: 19 Days
  • Updated: 23 min ago
  • ID#: MDWC2012468
3
Beds
1
Baths
0
½ Baths
0.44
Acres
1,056
SQFT
$156
$/SQFT
1977
Built
Neighborhood:
None Available
County:
Wicomico
Area:
Wicomico Southwest (23-03)
Elementary School:
Fruitland
Middle School:
Bennett
High School:
James M. Bennett
School District:
Wicomico County Public Schools
Property Description
** Property is part of a larger portfolio and will not be sold individually. Asking price on entire portfolio is $2,979,200** Welcome to an exceptional investment opportunity! This diversified portfolio consists of 19 properties comprising a total of 20 units, primarily single-family homes, along with one duplex. With a gross annual rental income of $319,860, this portfolio offers a robust and steady income stream for savvy investors and with some properties being newly renovated and others offering value-add opportunities, the potential is limitless! Tenants are responsible for water, trash, sewer and lawn maintenance, ensuring minimal expenses for the property owner. All properties are located in Salisbury and Fruitland, so they benefit from a stable rental demand and strong long-term tenant occupancy. Whether you+GGre a seasoned investor or just getting started in real estate, this portfolio offers the potential for significant returns and long-term wealth accumulation.
Exterior Features

Architectural Style Ranch/Rambler Construction Materials FrameVinyl SidingStick Built Garage YN No Lot Features Cleared Parking Types Driveway Patio And Porch Features Deck(s) Pool No Pool Riparian Rights YN No Road Responsibility Public Roof Asphalt Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 1056 Basement YN No Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Central A/C Fireplace YN No Heating Central Heating YN Yes Levels 1 Main Level Bedrooms 3 Unit Floors 1

Property Features

Acceptable Financing Conventional Accessibility Features None Assessment Year 2023 Association YN No Central Air YN Yes Condo YN No Cooling Fuel Electric Federal Flood Zone YN No Foundation Details BlockCrawl Space Heating Fuel Electric Historic YN No Hot Water Electric Municipality Fruitland Navigable Water YN N New Construction YN No Original MLSNumber 802856166878 Ownership Interest Fee Simple Possession Immediate Sale Type Standard Senior Community YN No Sewer Public Sewer Structure Design Type Detached Tax Annual Amount 2202.00 Tax Assessment Amount 117500.00 Tax Lot 47A Vacation Rental YN No Water Source Public Zoning R1C

Listing courtesy of Keller Williams Realty Delmarva: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use 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 may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Pearson Smith Realty. 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. Data last updated: 2024-02-29T18:53:19.817.
 
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