Fruitland MD Multi Family for Sale

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Type:
Twin Home
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.27 Acres
Year built:
2009
Baths:
MLS#:
MDWC2015080
Subdivision:
Cedar Commons

ADDITIONAL INFORMATION

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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Andrea Conner, Maryland License 667140, Xome Inc., License 667140, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
Andrea Conner, D.C. License BR200200783, Xome Inc., License CO98372739, [email protected], 844-400- 9663, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
Andrea Conner, PA License # RM425337, Xome Inc., PA License #RB067821, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
Andrea Conner, NJ License # 1758875, Xome Inc. NJ License # 2326449, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067

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Fruitland Real Estate

The median home value in Fruitland, MD is $245,450. This is higher than the county median home value of $222,000. The national median home value is $338,100. The average price of homes sold in Fruitland, MD is $245,450. Approximately 53.99% of Fruitland homes are owned, compared to 37.14% rented, while 8.87% are vacant. Fruitland real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Fruitland real estate agent to arrange a tour today!

Fruitland, Maryland has a population of 5,455. Fruitland is more family-centric than the surrounding county with 40.23% of the households containing married families with children. The county average for households married with children is 25.13%.

The median household income in Fruitland, Maryland is $56,150. The median household income for the surrounding county is $63,610 compared to the national median of $69,021. The median age of people living in Fruitland is 28.3 years.

Fruitland Weather

The average high temperature in July is 87.8 degrees, with an average low temperature in January of 27.2 degrees. The average rainfall is approximately 45.5 inches per year, with 7.7 inches of snow per year.

Fruitland Real Estate Market Conditions

  • Median sales price

    $245,450
    14% change since last quarter
  • # Active listings

    28
    30-day change

Fruitland Schools and Demographics

Education near Fruitland, MD

Metric City County
High School Graduates 94.59 87.76
College Degree - 2 year 3.2 7.94
College Degree - 4 year 37.68 28.81
Graduate Degree 13.43 8.42
Expenditures per Student 17,051 17,051
Students per Teacher 12.5 12.5

Elementary Schools near Fruitland, MD

School Grades Students P/T Ratio ZIP
Beaver Run School PK - 02 705 16.4 21804
Charles H. Chipman Elementary PK - 02 418 14.7 21801
East Salisbury Elementary School 03 - 05 444 13.1 21804
Fruitland Intermediate School 03 - 05 413 14.8 21826
Fruitland Primary School PK - 02 531 16.6 21826
Glen Avenue School 03 - 05 268 12.8 21804
North Salisbury Elementary School 03 - 05 432 12 21801
Pemberton Elementary School PK - 05 539 15 21801
Pinehurst Elementary School PK - 05 494 11.8 21801
Prince Street School PK - 05 651 16.1 21804
West Salisbury Elementary School PK - 02 310 16.3 21801
Westside Intermediate School 02 - 05 451 15.6 21830

Middle Schools near Fruitland, MD

School Grades Students P/T Ratio ZIP
Bennett Middle School 06 - 08 970 12.5 21804
Salisbury Middle School 06 - 08 838 10 21801
Wicomico Middle School 06 - 08 657 10.9 21804

High Schools near Fruitland, MD

School Grades Students P/T Ratio ZIP
James M. Bennett High 09 - 12 1,405 14.9 21804
Parkside High School 09 - 12 1,114 11.4 21804
Wicomico High School 09 - 12 1,029 12.3 21804

Ungraded Schools near Fruitland, MD

School Grades Students P/T Ratio ZIP
* Wicomico County Evening High 09 - 12 66 21802

Demographics near Fruitland, MD

Metric City County
Neighborhood Type Small town
Population 5,455 103,223
Population Density 1,415 276
Median Age 28.3 36
People per Household 2.8 2.5
Median Household Income 56,150 63,610
Average Income per Capita 26,173 31,487