Property

Crisfield, MD 21817 510 W Main Street

510 W Main Street Crisfield, MD - Image 1510 W Main Street Crisfield, MD - Image 2510 W Main Street Crisfield, MD - Image 3
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Presented By: Coldwell Banker Realty
  • MLS# MDSO2004364
  • 04/03/2024
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  • Beds • 3

Home Details

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 !
Presented By: Coldwell Banker Realty

Interior Features for 510 W Main Street

Bedrooms

Three Bedroom Units Count

Other Interior Features

LivingAreaSourceAssessor
Central Air Y/NYes
Fireplace Y/NNo
Heating FuelElectric
Heating Y/NYes
Hot WaterElectric

General for 510 W Main Street

Acceptable FinancingCash, Conventional
AccessibilityNone
Architectural StyleOther
CityCRISFIELD
Construction MaterialsBrick
Cool FuelElectric
CoolingCentral A/C
CountySOMERSET
Days on Market158
DirectionsSEE GPS
Garage Y/NNo
HeatingHeat Pump(s)
Lot Size Square Feet3901.00
Lot Size UnitsSquare Feet
MLS AreaSomerset West of Rt-13 (20-01)
ModificationTimestamp2024-08-14T06:24:20
MunicipalityCrisfield
New ConstructionNo
NumberOfUnitsTotal2
One Bedroom Units Count3
Other StructuresAbove Grade, Below Grade
Percent OwnershipFee Simple
Possession0-30 Days CD, 31-60 Days CD
Price Per Sq Ft Total AG70.05
Property SubTypeTriplex
Property TypeMulti-Family
School DistrictSOMERSET COUNTY PUBLIC SCHOOLS
SewerPublic Sewer
Single Room Units Count0
Standard StatusActive
StatusACTIVE
Structure TypeOther
Tax Annual Amount2777.0
Tax Assessed Value249700.0
Tax Year2024
Total SQFT5924
Two Bedroom0
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1946
Year Built SourceAssessor
ZoningCBD

Exterior for 510 W Main Street

Land Assessed Value0.00
Land Use CodeC
Lot Dimensions0.00 x 0.00
Lot Size Acres0.09
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
PoolNo Pool
Type of ParkingParking Lot
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Ebonie Clerier

Associate
Price $415,000
MLS#MDSO2004364
List Date 04/03/2024
Property Type Multi-Family
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