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510 W Main Street

Crisfield, MD 21817

– beds
– baths
5,924 sqft
3,901 sqft lot
$71 per sqft
1946 build

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 courtesy of BRIGHT / Coldwell Banker Realty

Last checked: Checking… • Last updated Apr 20, 2024 •

MLS# MDSO2004364 —

The Building

Year Built:

1946
Year Built Source:

Assessor
New Construction:

No
Construction Materials:

Brick
Structure Type:

Other
Architectural Style:

Other
Building Units Total:

2
Accessibility Features:

None
Total SqFt Source:

Assessor
Total Below Grade SqFt Source:

Assessor
Tax Total Finished SqFt:

5924

Interior

Fireplace:

No
Living Area SqFt Source:

Assessor

Room Dimensions

Total SqFt:

5924
Living Area SqFt:

5,924 Sqft

Financial & Terms

Sale Type:

Standard
Acceptable Financing:

Cash, Conventional
Possession:

0-30 Days CD, 31-60 Days CD

Location

Directions:

SEE GPS
Latitude:

37.98193000
Longitude:

-75.85579000

The Property

Property Type:

Multi-Family
Property Sub Type:

Triplex
Lot Size Units:

Square Feet
Lot Size Acres:

0.09
Lot Size Source:

Assessor
Lot Size Dimensions:

0.00 x 0.00
Lot Dimensions Source:

Assessor
Lot SqFt:

3,901 Sqft
Zoning:

CBD
In City Limits:

Yes
Other Structures:

Above Grade, Below Grade
Water View:

No
Waterfront:

No
Water Oriented:

No
Water Access:

No
Navigable Water:

No
Tidal Water:

No
Land Use Code:

C
Riparian Rights:

No

Listing Agent

Contact info:

Taxes

Tax ID Number:

2007112726
Tax Year:

2024
Tax Annual Amount:

$2,777
Tax Assessed Value:

$249,700
Year Assessed:

2023
County Tax:

2497.00
City/Town Tax:

2172.00
Total Taxes Pymnt Freq:

Annually

The Listing

Buyer's Brokerage Compensation:

3%
Buyer Agency Comp Type:

% Of Gross
Buyer Agency Comp Selection:

Percent

Heating & Cooling

Cooling Type:

Central A/C
Central Air:

Yes
Cooling Fuel:

Electric
Heating:

Yes
Heating Type:

Heat Pump(s)
Heating Fuel:

Electric

Utilities

Sewer Septic:

Public Sewer
Hot Water:

Electric
Water Source:

Public

Schools

School District Name:

Somerset County Public Schools
School District Source:

Listing Agent

The Community

Pool:

No Pool

Parking

Garage:

No
Type of Parking:

Parking Lot

Extra Units

Vacation Rental:

No
One Bedroom Units:

3

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Sale history

Date	Event	Source	Price	% Change
4/3/24 Apr 3, 2024	Listed / Active	BRIGHT	$425,000

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This multifamily located in Crisfield, MD 21817 is currently for sale for $425,000. 510 W Main Street is a 5,924 square foot multifamily with – beds and – baths.

Listing Courtesy of: BRIGHT and Coldwell Banker Realty.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. BRIGHT MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller.
The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.