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Key Details
Sold Price $166,500
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 870 sqft
Price per Sqft $191
MLS Listing ID MDWC109704
Sold Date 10/13/20
Style Salt Box
HOA Y/N N
Abv Grd Liv Area 870
Originating Board BRIGHT
Year Built 1939
Annual Tax Amount $786
Tax Year 2020
Lot Size 5,000 Sqft
Acres 0.11
Lot Dimensions 0.00 x 0.00
Property Description
Investment Alert! Professionally managed rental package of 3 single family homes are included: 102 Spruce St, 104 Spruce St and 102 Russell Ave in Fruitland. All tenant occupied and generating $27,240/yr in gross annual rental income, 11% cap rate. All 3 units are 2 bedroom/1 bathroom homes. Total combined taxes for all 3 units is approximately $2,223 annually.
Location
State MD
County Wicomico
Area Wicomico Southwest (23-03)
Zoning R1C
Interior
Hot Water Electric
Heating Baseboard - Electric
Cooling None
Equipment Oven/Range - Electric, Refrigerator
Fireplace N
Appliance Oven/Range - Electric, Refrigerator
Heat Source Electric
Exterior
Garage Spaces 2.0
Waterfront N
Water Access N
Roof Type Asphalt
Accessibility None
Parking Type Driveway
Total Parking Spaces 2
Garage N
Building
Foundation Crawl Space, Block
Sewer Public Sewer
Water Public
Architectural Style Salt Box
Additional Building Above Grade, Below Grade
New Construction N
Schools
Elementary Schools Fruitland
Middle Schools Fruitland
High Schools James M. Bennett
School District Wicomico County Public Schools
Others
Tax ID 16-010723
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with Bradley Rayfield • Coldwell Banker Realty