What is the asking price for Multifamily Investment Property?

The lease rate for space here is Contact for pricing.

What is the total size of Multifamily Investment Property?

The property has a total square footage of 2,274 SF.

When was this property built?

Multifamily Investment Property was built in 2009.

How many parking spaces are available at Multifamily Investment Property?

Parking information for the property isn't currently listed. However, other nearby parking options include Power St. Parking Lot N, located 1.67 miles away , and Dogwood Parking Lot J, which is 1.71 miles away.

227/229 North Brown Street, Fruitland, MD 21826

For Sale $455,000
Property Type Multi-Family
Property Size 2,274 SF
Units 2
Lot Size 0.16 Acre
Year Built 2009
Year Renovated 2022
Date Updated May 5, 2026

Description

From Business US-13 Turn Left onto Cedar Crossing/E Cedar Lane. At the traffic Circle continue to stay on E Cedar Lane & turn right onto N Brown Street. Duplex is on the left.Investment Opportunity in a Strong Rental Market. No changes in asking rent for 3 years and current market rent is $75-$100 higher per bedroom.

Highlights

2 unit, 2274 Square Foot Duplex consisting of Two, Three Bedroom/Three bath units & are rented for 2024/2025 school year.
Both units are in great condition with no deferred maintenance.
Buyers can tour the interior of the units with an agreed upon LOI.
Rental Income of $41,400 and NOI of $$31,093.47
Tenants are responsible for all utilities & water/sewer.
The leases are designed to give the Landlord 12 days to turn the unit while rent is still being paid.