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123 W Main Street Fruitland, MD $ 1,450,000
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$ 1,450,000 Get more info
123 W Main Street
$ 1,450,000
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123 W Main Street

Fruitland, MD, 21826
$ 1,450,000
Baths0.0 Sq 8,800

Monthly Estimate*

$ 10,129

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123 W Main Street, Fruitland, MD 21826 - Image 14
Studio

Commercial Property for sale in Fruitland, MD

for $1,450,000. This 8,800 square foot building was built in 1935 on a lot size of 0.48.

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.

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Commercial Pending

Price

$ 1,450,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 14,705

Style

Apartment Building

Lot Size

0.48

Year Built

1935

Town/City

Fruitland

County/Region

Wicomico

MLS | Web ID

MDWC2012396
Features
Interior
Heating Fuel Electric
Hot Water Electric
Heating Y/N Y
Street Suffix STREET
Central Air Y/N Y
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General
Sewer Public Sewer
Heating Heat Pump(s)
Cooling Central A/C
Possession Immediate
Zoning R1C
Construction Materials Vinyl Siding
Year Built 1935
Property SubType Five Or More Units
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Municipality Fruitland
Business Type Apartment Building
Accessibility 32 + wide Doors Roll-in Shower Ramp - Main Level Roll-under Vanity Other
County WICOMICO
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status PENDING
Directions Rt. 13 Fruitland Turn on West Main St. Property on the Right.
City FRUITLAND
Buyer Agent Compensation 2.5
Total Units 9
MLS Area Wicomico Southwest (23-03)
Lot Size Square Feet 20875.00
Waterfront Y/N N
Street Name MAIN
Tax Annual Amount 14705.0
Price Per Sq Ft 164.77
Vacation Rental Y/N N
Days on Market 46
Standard Status Pending
Year Built Source Assessor
Buyer Agent Compensation Type % Of Gross
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Exterior
Water Source Public
Type of Parking Private Garage
Water View Y/N N
Building Area Total 8800.00
Lot Dimensions 0.00 x 0.00
Lot Size Acres 0.48
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 0.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 123
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* Excluded Features
List By
Keller Williams Realty Delmarva

Broker

bretdavis@kw.com

Email

Affordability Calculator

$11,354
Per Month
89%
11%
0%
Monthly Principal & Interest
$10,129
Monthly Property Taxes
$1,225
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
2/3/2024$1,450,000 Listed Price

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123 W Main Street, Fruitland, MD, 21826 is a Commercial Property for sale at $1,450,000 with 8,800 sqft and a lot size of 0.48. 123 W Main Street is a studio with 0.0 baths and was built in 1935. The property's zip code is 21826 which is in Fruitland, MD

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