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510 W Main Street,  Crisfield MD, 21817

(Active)
$425,000
|
3 beds, 5,924 sqft
|
MLS# MDSO2004364
Last Updated: 5/16/2024 9:03 PM
Description for 510 W Main Street Crisfield, MD 21817
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 !
Price
$425,000
SOMERSET
3
5,924 (approx)
MDSO2004364
Active
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 !
Listing Information
Property Type: Triplex, Multi-Family, Other
3 0.09 Acres 5,924 (approx)
1946 Brick
Public
Public Sewer
Neighborhood
School Information
District: SOMERSET COUNTY PUBLIC SCHOOLS
Room Information
Interior Features
Electric Water Heater
Central Air
Electric Heating
Exterior / Lot Features
Brick
0.00 x 0.00
Driving Directions
SEE GPS
Financial Considerations
2007112726
$2,777
Listing Price History

Crisfield Real Estate

Crisfield is located in Maryland. Crisfield, Maryland 21817 has a population of 2,709.

The median household income in Crisfield, Maryland 21817 is $40,085. The median household income for the surrounding county is $43,058 compared to the national median of $66,222. The median age of people living in Crisfield 21817 is 36 years.

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Courtesy: Coldwell Banker Realty
BRIGHT MLS - All information, regardless of source, should be verified by personal inspection by and/or with the appropriate professional(s). The information is not guaranteed. Measurements are solely for the purpose of marketing, may not be exact, and should not be relied upon for loan, valuation, or other purposes.
This content last refreshed on 5/16/2024 9:03 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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