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  • $164,900

    200 School St, Fruitland, MD 21826

    3beds
    1,056sqft
    Single Family Residence
    Built in 1977
    0.44 Acres Lot
    $242,500 Zestimate®
    $156/sqft
    $1,530 Estimated rent

    What's special

    ** Property is part of a larger portfolio and will not be sold individually. Asking price on entire portfolio is $2,979,200** Welcome to an exceptional investment opportunity! This diversified portfolio consists of 19 properties comprising a total of 20 units, primarily single-family homes, along with one duplex. With a gross annual rental income of $319,860, this portfolio offers a robust and steady income stream for savvy investors and with some properties being newly renovated and others offering value-add opportunities, the potential is limitless! Tenants are responsible for water, trash, sewer and lawn maintenance, ensuring minimal expenses for the property owner. All properties are located in Salisbury and Fruitland, so they benefit from a stable rental demand and strong long-term tenant occupancy. Whether you’re a seasoned investor or just getting started in real estate, this portfolio offers the potential for significant returns and long-term wealth accumulation.

    Zillow last checked: 7 hours ago

    Listing updated: July 08, 2024 at 04:07am

    Listed by:

    Aubrey Campbell 302-393-0169,

    Keller Williams Realty Delmarva,

    Co-Listing Team: The Davis Strategic Team, Co-Listing Agent: Bret Davis 410-677-0909,

    Keller Williams Realty Delmarva

    Bought with:

    Aubrey Campbell, 5005561

    Keller Williams Realty Delmarva

    Source: Bright MLS,MLS#: MDWC2012468MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 3
    Basement
    • Area: 0
    Heating
    • Central, Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Electric Water Heater
    Features
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 1,056
    • Total interior livable area: 1,056 sqft
    • Finished area above ground: 1,056
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Driveway
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Deck
    • Pool features: None
    Lot
    • Size: 0.44 Acres
    • Features: Cleared
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 2316006904
    • Zoning: R1C
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch/Rambler
    • Property subtype: Single Family Residence
    Materials
    • Frame, Vinyl Siding, Stick Built
    • Foundation: Block, Crawl Space
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1977

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Fruitland
    • Subdivision: None Available
    • Municipality: Fruitland

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Conventional
    • Ownership: Fee Simple
    Services availability
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