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510 W Main Street

CRISFIELD, MD 21817
  • $425,000
  • STATUS: Active
  • ON SITE: 101 Days
  • ID#: MDSO2004364
UPDATED: 159 min ago
$425,000
  • 0
    BEDS
  • 0.09
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,924
    SQFT
  • $72
    $/SQFT
Type:
Multi-Family
Built:
1946
County:

School Ratings & Info

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 !

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Lisa Mathena Group. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-07-14T10:53:45.55.
www.lisasellsdelaware.com/homes/149162377
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510 W Main Street CRISFIELD, MD 21817

  • Price: $425,000
  • Status: Active
  • On Site: 101 Days
  • Updated: 159 min ago
  • ID#: MDSO2004364
0
Beds
0
Baths
0
½ Baths
0.09
Acres
5,924
SQFT
$72
$/SQFT
1946
Built
Neighborhood:
Somerset West Of Rt-13 (20-01)
County:
Somerset
Area:
Somerset West Of Rt-13 (20-01)
School District:
Somerset County Public Schools
Property 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 !
Exterior Features

Architectural Style Other Construction Materials Brick Garage YN No Parking Types Parking Lot Pool No Pool Water Access YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 5924 Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Central A/C Fireplace YN No Heating Heat Pump(s) Heating YN Yes Single Room Units 0 Three Bedroom Units 0 Two Bedroom Units 0

Property Features

Acceptable Financing CashConventional Accessibility Features None Central Air YN Yes Cooling Fuel Electric Heating Fuel Electric Hot Water Electric Municipality Crisfield Navigable Water YN N New Construction YN No Number Of Units Total 2 Original MLSNumber 802922546222 Ownership Interest Fee Simple Property Sub Type Triplex Sale Type Standard Sewer Public Sewer Structure Design Type Other Tax Annual Amount 2777.00 Vacation Rental YN No Water Source Public Zoning CBD

Listing courtesy of Coldwell Banker Realty: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Lisa Mathena Group. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-07-14T10:53:45.55.
 
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