510 W Main Street Crisfield, MD 21817

Single Family Detached MLS #: MDSO2004364 Courtesy Of Coldwell Banker Salisbury

$425,000

5,924 sq ft
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Est. Property Tax: $2,777
Estimated monthly payments: $2,089/mo.* (recalculate)

Property InformationDescription

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 !
MORTGAGE CALCULATOR

Features

  • Cooling: Central A/C
  • Fireplace Description: Electric
  • Heating Type: Heat Pump
  • Lot Size: 0.09 Acres
  • Sewer: Public
  • Style: Other Style
  • Water: City Water

MAP & DIRECTIONS

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510 W Main Street, Crisfield, MD 21817
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School Information

510 W Main Street, Crisfield, MD 21817

Elementary School
Grades PK-5 | Public School
CARTER G. WOODSON ELEMENTARY SCHOOL
Crisfield, MD 21817
281A Woodson School Rd
410.­968.1295
Distance: 0.6 mi
School Rating
C+
Student:Teacher Ratio
13:1
Total Students
499
Middle School
Grades 8-12 | Public School
CRISFIELD ACADEMY AND HIGH SCHOOL
Crisfield, MD 21817
210 N Somerset Ave
410.­968.0150
Distance: 0.7 mi
School Rating
C+
Student:Teacher Ratio
14:1
Total Students
401
Middle School
Grades 6-7 | Public School
SOMERSET INTERMEDIATE SCHOOL
Westover, MD 21871
7970 Tawes Campus Dr
410.­621.0161
Distance: 11.0 mi
School Rating
C
Student:Teacher Ratio
12:1
Total Students
424
High School
Grades 8-12 | Public School
CRISFIELD ACADEMY AND HIGH SCHOOL
Crisfield, MD 21817
210 N Somerset Ave
410.­968.0150
Distance: 0.7 mi
School Rating
C+
Student:Teacher Ratio
14:1
Total Students
401

Demographic Data

Crisfield, MD 21817

Median Age: 45.8
Married: 38%
Number of Households: 1,838
Households with Children: 30.4%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home