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$125,000   Price Analysis
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601 Clyde Ave
Fruitland, MD 21826
3 bed 2 bath 612 SqFt ($204/SqFt)
0.4 acre lot. Built 1951
Listed 2024-02-09, Taxes $530
USDA Eligible
near Fruitland, MD
 

Property is part o f a larger portfolio and will nt be sold individually.

* Sale Pending *

Asking price for entire portfolio is $2, 979, 200 Welcome to an exceptional investment opportunity! This diversified portfolio consists of 19 properties comprising a total of 20 units, primarily single-family homes, along with one duplex. With a gross annual rental income of $319, 860, this portfolio offers a robust and steady income stream for savvy investors and with some properties being newly renovated and others offering value-add opportunities, the potential is limitless.

Tenants are responsible for water, trash, sewer and lawn maintenance, ensuring minimal expenses for the property owner. All properties are located in Salisbury and Fruitland, so they benefit from a stable rental demand and strong long-term tenant occupancy. Whether youre a seasoned investor or getting started in real estate, this portfolio offers the potential for significant returns and long-term wealth accumulation.


Presented by Aubrey Campbell at
Keller Williams Realty Of Delmarva-Salis.
Listing Agent Photo

Property MLS #MDWC2012486 from BrightMLS

Bedrooms: 3

Total Bathrooms: 2
Full Bathrooms: 2

Cooling Features: Central A/C
Heating Features: Heat Pump(s)
Heating: Yes

Lot Size Acres: 0.3970615
Lot Size Square Feet: 17295

Parking Features: Driveway

Association: No
Calculated Total Monthly Association Fees: 0

School District: WICOMICO COUNTY PUBLIC SCHOOLS

Fruitland Intermediate School is a public elementary school located approximately 0.7 miles away.
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Bennett Middle School is a public middle school located approximately 1.4 miles away.
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James M. Bennett High School is a public high school located approximately 1.9 miles away.
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Stepping Stones Learning Academy is a private elementary, middle and high school located approximately 0.5 miles away.
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Municipality: Fruitland
Annual Tax Amount: 1014.0
Source Listing Status: Pending
County: WICOMICO
Disclaimer: Standard
Ownership: Fee Simple
Source Property Type: Residential
Area: WICOMICO
Postal Code Plus 4: 1412
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $unknown
$52,100
$530
2021$27,700 + $22,400
$50,100
$512
2020$unknown + $unknown
$49,633
$511
2019$unknown + $unknown
$49,167
$514
2018$26,300 + $22,400
$48,700
$512
2017$26,300 + $22,400
$48,700
$512
2016$26,300 + $22,400
$48,700
$517
2015$unknown + $unknown
$61,067
$649
2015$26,300 + $35,400
$61,700
$656
2014$unknown + $unknown
$60,433
$616
2012$unknown + $unknown
$59,800
$569
2011$unknown + $unknown
$59,800
$526
2010$unknown + $unknown
$59,800
$520
2009$unknown + $unknown
$92,850
$808
2008$unknown + $unknown
$80,766
$1,313

Listed 2024-02-09
$125,000
BrightMLS
Sold 1998-07-16
$100,000
Public Record
Sold 1988-01-12
$32,500
Public Record

Total Square Feet Living: 612
Year Built: 1951
Above Grade Finished Area: 612
Property Age: 73
Levels or Stories: 1
Structure Type: Detached
Total Area Sqft: 612
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.