227 N Brown St Fruitland, MD 21826
Estimated payment $2,791/month
Highlights
- Cape Cod Architecture
- Cooling Available
- Heat Pump System
About This Home
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. - 2 unit, 2274 Square Foot Duplex consisting of Two, Three Bedroom/Three bath units & are rented for 2025/2026 school year. -Rental Income of $41,400 and NOI of $$31,093.47
- Both units are in great condition with no deferred maintenance. -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. -Buyers can tour the interior of the units with an agreed upon LOI.
Listing Agent
(410) 543-2440 brent.miller@svn.com SVN |Miller Commercial Real Estate Brokerage Phone: 4105432440 License #36569 Listed on: 05/15/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,084
Year Built
- Built in 2009 | Remodeled in 2022
Home Design
- Duplex
- Cape Cod Architecture
Interior Spaces
- 2,274 Sq Ft Home
- Crawl Space
Parking
- Driveway
- On-Street Parking
Utilities
- Cooling Available
- Heat Pump System
- Back Up Electric Heat Pump System
- Electric Water Heater
Additional Features
- Doors are 32 inches wide or more
- 0.28 Acre Lot
Community Details
- 2 Units
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,397 | $152,833 | $0 | $0 |
| 2024 | $1,286 | $134,100 | $26,000 | $108,100 |
| 2023 | $1,277 | $129,167 | $0 | $0 |
| 2022 | $1,266 | $124,233 | $0 | $0 |
| 2021 | $1,220 | $119,300 | $26,000 | $93,300 |
| 2020 | $1,143 | $110,800 | $0 | $0 |
| 2019 | $1,071 | $102,300 | $0 | $0 |
| 2018 | $866 | $93,800 | $26,000 | $67,800 |
| 2017 | $998 | $93,800 | $0 | $0 |
| 2016 | $1,137 | $93,800 | $0 | $0 |
| 2015 | $1,137 | $107,600 | $0 | $0 |
| 2014 | $1,137 | $107,600 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/15/2025 05/15/25 | For Sale | $455,000 | -- | $200 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $3,896,500 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,870,000 | No Value Available |
Source: Bright MLS
MLS Number: MDWC2018048
APN: 16-045217
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Ask me questions while you tour the home.