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  • $240,000

    203 E Main St, Fruitland, MD 21826

    5beds
    2,480sqft
    Single Family Residence
    Built in 1935
    0.38 Acres Lot
    $283,000 Zestimate®
    $97/sqft
    $1,576 Estimated rent

    What's special

    **Welcome to a Prime Investment Opportunity in the Heart of Fruitland, Maryland! This duplex is strategically located and caters to both seasoned investors and first-time homebuyers eager to offset their mortgage costs through rental income. The duplex comprises two units, with the first boasting a spacious 3-bedroom, 1-bathroom layout, while the second unit offers a cozy 2-bedroom, 1-bathroom space. *Investors will find this property particularly enticing, offering the flexibility to maximize returns by renting out both units or residing in one while leasing the other. The potential for dual rental income adds a lucrative dimension to your investment strategy, making this duplex a wise addition to your portfolio. *First-time homebuyers, envision owning a property where your mortgage is partially covered by the rental income from the second unit. This practical approach allows you to step into homeownership seamlessly while enjoying the financial benefits of real estate investment. *Conveniently located in Fruitland, the duplex provides proximity to local amenities, schools, and parks. Its strategic location not only enhances its appeal to tenants but also positions it for long-term value appreciation as the community continues to grow. *The duplex's unique configuration ensures broad tenant appeal, attracting families to the 3-bed unit and accommodating smaller households or professionals in the 2-bed unit. This diversity ensures a steady stream of rental revenue for savvy investors. *What sets this property apart is its commitment to compliance and professional management. Rest assured, it comes with all the proper licenses and permits, offering you a worry-free investment. Currently professionally managed, this duplex provides a hands-off experience for investors, allowing you to enjoy the benefits of ownership without the day-to-day hassles. *Fruitland's positive growth trajectory adds to the allure of this investment. As the community flourishes, so will the value of your property, providing a foundation for long-term financial stability.* *Whether you're looking to diversify your investment portfolio or embark on homeownership with a savvy financial approach, this duplex offers an exceptional opportunity. Contact us today to schedule a viewing and explore the endless possibilities that await you in Fruitland, Maryland.

    Zillow last checked: 7 hours ago

    Listing updated: February 23, 2024 at 07:00am

    Listed by:

    Joshua Mast 443-454-1470,

    HomeSource Pro Real Estate

    Bought with:

    Joshua Mast, RB-0031372

    HomeSource Pro Real Estate

    Source: Bright MLS,MLS#: MDWC2011612MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 1
    • Main level bedrooms: 3
    Basement
    • Description: Percent Finished: 0.0
    • Area: 0
    Heating
    • Radiator, Natural Gas
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Electric Water Heater
    Features
    • Entry Level Bedroom, Ceiling Fan(s), Crown Molding
    • Doors: Storm Door(s)
    • Windows: Insulated Windows, Screens
    • Basement: Exterior Entry
    • Has fireplace: No
    Interior area
    • Total structure area: 2,480
    • Total interior livable area: 2,480 sqft
    • Finished area above ground: 2,480
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Driveway, Off Street
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Porch
    • Pool features: None
    Lot
    • Size: 0.38 Acres
    • Features: Cleared, Wooded
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 2316021385
    • Zoning: R1C
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Colonial
    • Property subtype: Single Family Residence
    Materials
    • Shingle Siding
    • Foundation: Block
    • Roof: Asphalt
    Condition
    • Good
    • New construction: No
    • Year built: 1935

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Natural Gas Available, Electricity Available, Sewer Available

    Community & neighborhood

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

    HOA & financial

    Other financial information
    • Total actual rent: 30000

    Other

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