$455,000
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227/229 North Brown Street Fruitland, MD 21826
Twin Home
Residence
Beds
Baths
Sq. Ft.
0.27
Acre
Lot
Property Activity
Time on Site
days
Days on Market
Views
Saves
Investment Opportunity in a Strong Rental Market. No changes in asking rent for the last 3 years and current market rent is $75-$100 higher per bedroom. - 2 unit, 2274 Square Foot Duplex consisting of Two, Three Bedroom/Three bath units & are rented for 2024/2025 school year. -Rental Income of... $48,956 and NOI of $28,212.87 -Proforma NOI at market rent is $35,412.87 or 7.8% cap rate - Both units are in great condition with no deferred maintenance. -Tenants are responsible for all utilities & water/sewer. -The leases are designed to give the Landlord 12 days to turn the unit while rent is still being paid. -Buyers can tour the interior of the units with an agreed upon LOI.
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MLS#
MDWC2015080
Property Type
Twin Home
Year Built
2009
Price per Sq. Ft.
$200.09
Lot Size
0.27
Sewer
Public Sewer
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