510 W Main St, Crisfield, Md 21817 $425,000

MLS Number
Mdso2004364
Standard Status
Active
City Name
Crisfield
Sale Type
Standard
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 !

Additional Details

Square Footage
5924
Acres
0.09
Year Built
1946
Property Type
Multi-family
Lot SQFT
3901.00
MLS Area
Somerset West Of Rt-13 (20-01)
Listing Entry Date
04/03/2024
SchoolDistrictName
Somerset County Public Schools

Exterior Features

Architectural Style
Other
Construction Materials
Brick
Type of Parking
Parking Lot

Interior Features

Heating
Heat Pump(s)
Cooling
Central A/c

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