Description
Multi unit commercial & multi family investment property in growing crisfield md. up for sale! this property has 3 residential apartment units and has one of the best locations right in the heart of crisfield and on the major rd with tons of traffic and visibility. it has been updated over the last 10-20 years with all residential and commercial units having central air and heat systems installed, replacement windows,
roof, and the electrical and plumbing systems replaced / updated. the subway restaurant is no longer there, ( pics reflect when subway was occupying the property ), the unit is vacant and ready for a new operator. the apartments generate approximately 2900.00 per month in gross income, when both commercial units are rents, it will provide another 2300.00 per month gross income for a total of 5200.00 a month or more ! you may turn the residential apartments into air bnb over time or buy this property and live in one of the units while running your business below! or buy it strictly as an investment! the possibilities are endless! crisfield is growing and the city has many initiatives and improvements to its infrastructure in the works and offers a great opportunity for new investors and business owners! price reflects a great way to own your own multifamily and commercial building for an entry level price compared to other surrounding markets. ask your agent for the financials on this property and the details to see why this property is a great investment opportunity !
Property Type
Multi-FamilySubdivision
None AvailableCounty
SOMERSETStyle
OtherAD ID
45430816
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
Heating & Cooling
- Cooling: Central A/C
- Heating: Heat Pump(s)
- Cooling Fuel: Electric
- Heating Fuel: Electric
-
Exterior Features
Building Information
- Year Built: 1946
- Structure: Other
- New Construction: No
- Total Units: 2
- Built: 1946
- Construction Material: Brick
- Architecture: Other
- Pool/Private: No Pool
Pool Information
- Pool: No Pool
Utility Features
- Sewer: Public Sewer
Water
- Water Heat: Electric
-
Property / Lot Details
Lot Information
- Lot Size: 3,901
- Dimensions: 0.00 x 0.00
- Lot Size (Acres): 0.09
- Architectural Style: Other
- Main Square Feet: 3,901
Property Information
- SQ ft: 5,924
- SQ ft (Living Area): 5,924
- Total Lot SQ ft: 3,901
- Financing: Cash,Conventional
- Appx. Lot Dimensions: 0.00 x 0.00
- Total Acreage: 0.09
- New Construction: No
- Type: Other
-
Listing Information
Listing Information
- Possession: 0-30 Days CD,31-60 Days CD
- Days Of Market: 184
-
Taxes / Assessments
Tax Information
- Annual Tax: $2,777
- Tax Year: 2024
- Total Taxes Payment Frequency: Annually
Possession
- 0-30 Days CD,31-60 Days CD
Assessment Information
- Taxes Assessment Amount: $249,700
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- Parking Type: Parking Lot
Multi-Unit Information
- Acceptable Financing: Cash,Conventional
Homeowners Association Information
- Direction: SEE GPS
-
School, Utilities & Location Details
School Information
- School District: SOMERSET COUNTY PUBLIC SCHOOLS
Utility Information
- Water Source: Public
- Sewer: Public Sewer
- Cooling Fuel: Electric
- Heating Fuel: Electric
- Hot Water: Electric
Location Information
- Direction: SEE GPS
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BuyOwner last updated this listing 11/21/2024 @ 15:40
- MLS: MDSO2004364
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: BRIGHT MLS
is a Other, with 0 bedrooms which is for sale, it has 5,924 sqft, 3,901 sized lot, and 0 parking. A comparable Other, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of CRISFIELD , in zip code 21817, this SOMERSET County Other , it is in the NONE AVAILABLE Subdivision, are nearby neighborhoods.