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227/229 N Brown St, Fruitland, MD 21826

$450,000
: 2,274
SqFt

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Sold Price: $450,000
List Price: $455,000
Closing Date: Jul 28, 2026
Days on Market: 341
Status: CLOSED
MLS#: MDWC2018048
Living Area: 2,274
Lot Size (Acres): 0.28
Style: Cape Cod
Year Built: 2009
County: Wicomico
School District: Wicomico County Public Schools

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Property Description

Investment Opportunity in a Strong Rental Market. No changes in asking rent for 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 2025/2026 school year. -Rental Income of $41,400 and NOI of $$31,093.47 - 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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Additional Information

Area: Wicomico Southeast (23-04)
Building Name: None Available
School District: Wicomico County Public Schools
Heating: Heat Pump
Cooling: Heat Pump
Water: Public
Sewer: Public Sewer