510 W Main Street

CRISFIELD, MD 21817

  • 0 Bed(s)
  • 0 Bath(s)
  • 5,924 Sqft
  • 3901
    Sqft(Lot)
$415,000

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-Family

  • Subdivision

    None Available

  • County

    SOMERSET

  • Style

    Other

  • AD ID

    45430816

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Property Details

  • Water/Sewer

    • Water Source : Public

    Heating & Cooling

    • Cooling: Central A/C
    • Heating: Heat Pump(s)
    • Cooling Fuel: Electric
    • Heating Fuel: Electric

  • 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

  • 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

    • Possession: 0-30 Days CD,31-60 Days CD
    • Days Of Market: 184

  • 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

  • Parking Information

    • Parking Type: Parking Lot

    Multi-Unit Information

    • Acceptable Financing: Cash,Conventional

    Homeowners Association Information

    • Direction: SEE GPS

  • 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 12/22/2024 @ 06:41

  • 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.