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 !
Property Type :
Multi-Family
Subdivision :
None Available
County :
SOMERSET
Style :
Multi-Family
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ByOwner last updated this listing 04/30/2024 @ 06:55
MLS: MDSO2004364
LISTED BY: David M Willman , Coldwell Banker Realty
SOURCE: BRIGHT MLS
Buyer Agency Compensation: 3%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
