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203 E Main Street

FRUITLAND, MD 21826
  • $259,900
  • STATUS: Active
  • ON SITE: 15 Days
  • ID#: MDWC2011612
UPDATED: 44 min ago
$259,900
  • 5
    BEDS
  • 0.38
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 2,480
    SQFT
  • $105
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1935
County:

School Information

High School:

Description

**Welcome to a Prime Investment Opportunity in the Heart of Fruitland, Maryland! This duplex is strategically located and caters to both seasoned investors and first-time homebuyers eager to offset their mortgage costs through rental income. The duplex comprises two units, with the first boasting a spacious 3-bedroom, 1-bathroom layout, while the second unit offers a cozy 2-bedroom, 1-bathroom space.*Investors will find this property particularly enticing, offering the flexibility to maximize returns by renting out both units or residing in one while leasing the other. The potential for dual rental income adds a lucrative dimension to your investment strategy, making this duplex a wise addition to your portfolio.*First-time homebuyers, envision owning a property where your mortgage is partially covered by the rental income from the second unit. This practical approach allows you to step into homeownership seamlessly while enjoying the financial benefits of real estate investment.*Conveniently located in Fruitland, the duplex provides proximity to local amenities, schools, and parks. Its strategic location not only enhances its appeal to tenants but also positions it for long-term value appreciation as the community continues to grow.*The duplex's unique configuration ensures broad tenant appeal, attracting families to the 3-bed unit and accommodating smaller households or professionals in the 2-bed unit. This diversity ensures a steady stream of rental revenue for savvy investors.*What sets this property apart is its commitment to compliance and professional management. Rest assured, it comes with all the proper licenses and permits, offering you a worry-free investment. Currently professionally managed, this duplex provides a hands-off experience for investors, allowing you to enjoy the benefits of ownership without the day-to-day hassles.*Fruitland's positive growth trajectory adds to the allure of this investment. As the community flourishes, so will the value of your property, providing a foundation for long-term financial stability.**Whether you're looking to diversify your investment portfolio or embark on homeownership with a savvy financial approach, this duplex offers an exceptional opportunity. Contact us today to schedule a viewing and explore the endless possibilities that await you in Fruitland, Maryland.

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©2023 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: 2023-12-01T14:55:52.433.
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203 E Main Street FRUITLAND, MD 21826

  • Price: $259,900
  • Status: Active
  • On Site: 15 Days
  • Updated: 44 min ago
  • ID#: MDWC2011612
5
Beds
2
Baths
0
½ Baths
0.38
Acres
2,480
SQFT
$105
$/SQFT
1935
Built
Neighborhood:
None Available
County:
Wicomico
Area:
Wicomico Southeast (23-04)
High School:
Parkside
School District:
Wicomico County Public Schools
Property Description
**Welcome to a Prime Investment Opportunity in the Heart of Fruitland, Maryland! This duplex is strategically located and caters to both seasoned investors and first-time homebuyers eager to offset their mortgage costs through rental income. The duplex comprises two units, with the first boasting a spacious 3-bedroom, 1-bathroom layout, while the second unit offers a cozy 2-bedroom, 1-bathroom space.*Investors will find this property particularly enticing, offering the flexibility to maximize returns by renting out both units or residing in one while leasing the other. The potential for dual rental income adds a lucrative dimension to your investment strategy, making this duplex a wise addition to your portfolio.*First-time homebuyers, envision owning a property where your mortgage is partially covered by the rental income from the second unit. This practical approach allows you to step into homeownership seamlessly while enjoying the financial benefits of real estate investment.*Conveniently located in Fruitland, the duplex provides proximity to local amenities, schools, and parks. Its strategic location not only enhances its appeal to tenants but also positions it for long-term value appreciation as the community continues to grow.*The duplex's unique configuration ensures broad tenant appeal, attracting families to the 3-bed unit and accommodating smaller households or professionals in the 2-bed unit. This diversity ensures a steady stream of rental revenue for savvy investors.*What sets this property apart is its commitment to compliance and professional management. Rest assured, it comes with all the proper licenses and permits, offering you a worry-free investment. Currently professionally managed, this duplex provides a hands-off experience for investors, allowing you to enjoy the benefits of ownership without the day-to-day hassles.*Fruitland's positive growth trajectory adds to the allure of this investment. As the community flourishes, so will the value of your property, providing a foundation for long-term financial stability.**Whether you're looking to diversify your investment portfolio or embark on homeownership with a savvy financial approach, this duplex offers an exceptional opportunity. Contact us today to schedule a viewing and explore the endless possibilities that await you in Fruitland, Maryland.
Exterior Features

Architectural Style Colonial Construction Materials Shingle Siding Door Features Storm Garage YN No Lot Features ClearedTrees/Wooded Other Structures Storage Barn/Shed Parking Features Dirt Driveway Parking Types Off Street Patio And Porch Features Porch(es) Pool No Pool Property Condition Good 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 2480 Basement Outside Entrance Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Central A/C Heating Radiator Heating YN Yes Interior Features Entry Level BedroomCeiling Fan(s)Crown Moldings Levels 2 Main Level Bedrooms 3 Spa YN No Unit Floors 2 Upper Level1 Bedrooms 2

Property Features

Acceptable Financing ConventionalBank PortfolioFHA 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 Block Heating Fuel Natural Gas Historic YN No Hot Water Electric Municipality Fruitland Navigable Water YN N New Construction YN No Original MLSNumber 802734724778 Ownership Interest Fee Simple Possession Coin w/Sell Sett Sale Type Standard Senior Community YN No Sewer Public Sewer Structure Design Type Detached Tax Annual Amount 1084.95 Tax Assessment Amount 74733.00 Tax Lot 9 Total Actual Rent 30000.00 Utilities Natural Gas AvailableElectric AvailableSewer Available Vacation Rental YN No Water Source Public Window Features InsulatedScreens Zoning R1C

Listing courtesy of Taylor Properties: .


©2023 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: 2023-12-01T14:55:52.433.
 
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