Fruitland MD Multi Family for Sale
- 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.
© BRIGHT, All Rights Reserved - The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Xome Inc. participates, and is provided by BRIGHT through a licensing agreement. 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. The information provided by this website is for the personal, non-commercial use of consumers 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 on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale. Home sale information is not to be construed as an appraisal and may not be used as such for any purpose. BRIGHT MLS is a provider of home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors.
Fruitland Real Estate
The median home value in Fruitland, MD is $207,500. This is lower 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 $207,500. 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 21826 has a population of 5,455. Fruitland 21826 is more family-centric than the surrounding county with 41.75% 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 21826 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 21826 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.