Fruitland, MD 21826,123 W MAIN ST
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Fruitland, MD 21826,123 W MAIN ST
Fruitland, MD 21826,123 W MAIN ST
Fruitland, MD 21826,123 W MAIN ST
Fruitland, MD 21826,123 W MAIN ST

$1,400,000

Est. payment /mo

$1,450,000

3.4%
Est.Price: ?

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123 W MAIN ST Fruitland, MD 21826

8,800 SqFt

SOLD DATE : 05/10/2024

Key Details

Sold Price $1,400,000

Property Type Commercial

Sub Type Five Or More Units

Listing Status Sold

Purchase Type For Sale

Square Footage 8,800 sqft

Price per Sqft $159

MLS Listing ID MDWC2012396

Year Built 1935

Annual Tax Amount $14,705

Tax Year 2023

Lot Size 0.479 Acres

Property Description

This recently renovated property has been expertly transformed into a lucrative investment opportunity, featuring nine units within a multi-family residence. The extensive refurbishment involved a comprehensive upgrade, including the installation of new electrical wiring, HVAC, and plumbing systems. Each of the 2-bedroom, 2- bathroom units is thoughtfully designed with modern amenities, such as in-unit washer/dryer, stainless steel appliances, granite countertops, and a combination of luxury vinyl tile (LVT) flooring and plush bedroom carpeting. One unit has been strategically retrofitted to comply with ADA standards, broadening its appeal. An attractive feature for potential investors is the dedicated onsite parking for each unit, ensuring convenience for tenants and adding value to the property. With its turnkey status and attention to contemporary living standards, this property presents a compelling investment opportunity for those seeking a reliable and attractive return.

Location

State MD

County Wicomico

Area Wicomico Southwest (23-03)

Zoning R1C

Interior

Hot Water Electric

Heating Heat Pump(s)

Cooling Central A/C

Exterior

Garage Spaces 25.0

Water Access N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Wicomico County Public Schools

Others

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Bret Davis • Keller Williams Realty Delmarva
Bought with Tonney H Insley IV • SVN |Miller Commercial Real Estate

Jason Gareau

Broker

+1(609) 929-4486

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