510 West Main Street
510 West Main Street
Description
Roof, and the Electrical and Plumbing Systems Replaced / Updated. The Subway restaurant...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 !
- Listed by David M Willman • Coldwell Banker RealtyP: 4436680535 reowinners@gmail.com
Property Details for 510 West Main Street
Location
Property Details for 510 West Main Street
| Status | Active |
|---|---|
| MLS # | MDSO2004364 |
| Days on Market | 26 |
| Taxes | $2,777 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi-Family / Fee Simple |
| Year Built | 1946 |
| Lot Size | 0.09 AC / 3,901 SF |
| County | Somerset County |
Location
Building Information for 510 West Main Street
Payment Calculator
$2,551 per month
30 year fixed, 7.25% Interest
$2,319
$231
$0
Property Information for 510 West Main Street
- In City Limits: Yes
- School District Name: SOMERSET COUNTY PUBLIC SCHOOLS
- School District County ID: 121138759568
- SchoolDistrictSource: Listing Agent
- County: SOMERSET
- MLS Area: Somerset West of Rt-13 (20-01)
- Water View: No
- Water Access: No
- Water Oriented: No
- Navigable Water: No
- Tidal Water: No
- Riparian Rights Y/N: No
- Tax Year: 2024
- Tax Assessed Value: $249,700
- Year Assessed: 2023
- County Tax: $2,497
- Improvement Assessed Value: $0
- City Town Tax: $2,172
- Land Assessed Value: $0
- Clean Green Assessed: No
- Land Use Code: C
- Zoning: CBD
- School Tax: $0
- Automatically Update Tax Values Y/N: Yes
- Single Room Units Count: 0
- One Bedroom Units Count: 3
- Two Bedroom Units Count: 0
- Three Bedroom Units Count: 0
- Building Units Total: 2
- Total Finished SQFT: 5,924.00
- Total Finished SQFT Source: Assessor
- Tax Total Finished SQFT: 5,924.00
- Total SQFT: 5,924.00
- Total SQFT Source: Assessor
- Construction Materials: Brick
- Other Structure: Above Grade, Below Grade
- Lot Size Source: Assessor
- Lot Size Dimensions: 0.00 x 0.00
- Lot Dimensions Source: Assessor
- Parcel ID: 12564488
- Type Of Parking: Parking Lot
- Fireplace: No
- Accessibility Features: None
- Pool: No Pool
- Heating: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Heat Pump(s)
- Heating Fuel: Electric
- Hot Water: Electric
- Water Source: Public
- Sewer Septic: Public Sewer
- List Agent AOR: None chosen (Non-REALTOR/Stockholder)
Property History for 510 West Main Street
| Date | Event & Source | Price | Appreciation |
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| Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 510 West Main Street
Schools near 510 West Main Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 8 to 12 | |||
| Public - | 1 to 7 | |||
| Public - | 6 to 7 |
Rating | School | Distance |
|---|---|---|
Carter G Woodson Elementary School PublicPK to 5 | ||
Crisfield Academy And High School Public8 to 12 | ||
Ewell School Public1 to 7 | ||
Somerset 6/7 Intermediate School Public6 to 7 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Coldwell Banker Realty
© 2024 Bright MLS. All rights reserved. All information is deemed reliable, but accuracy is not guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 04/19/2024 07:58 PM