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Great opportunity for positive cash flow! Two apartment buildings, 531 W. Main St. has 11 units, 2 storefronts, 2 efficiencies, 4 one bedroom, 3 two bedroom apartments. 527 W. Main St. has 12 units, 3 storefronts, 3 one bedroom apartments, 2 two bedroom apartments, 2 three bedroom apartments. Market rent would indicate over $130,000 annual net income. Additional lot for parking for both buildings. This is a package deal, both buildings for $1,000,000.00. See agent for income and expense sheet. Appointment required for showings. Must have 24 hr. or more notice.
| DAYS ON MARKET | 1 | LAST UPDATED | 6/17/2025 |
|---|---|---|---|
| YEAR BUILT | 1920 | COMMUNITY | Somerset West of Rt-13 (20-01) |
| COUNTY | SOMERSET | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| School District | SOMERSET COUNTY PUBLIC SCHOOLS |
|---|---|
| Elementary School | CARTER G WOODSON |
| Jr. High School | SOMERSET 6-7 |
| High School | CRISFIELD ACADEMY AND |
| ADDITIONAL DETAILS | |
| AIR | Central Air, Electric, Heat Pump, Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Electric Water Heater |
| AREA | Somerset West of Rt-13 (20-01) |
| CONSTRUCTION | Brick |
| HEAT | Baseboard, Electric, Heat Pump |
| LOT | 0.5 acre(s) |
| LOT DIMENSIONS | 0.00 x 0.00 |
| PARKING | Private, Parking Lot |
| SEWER | Public Sewer |
| TAXES | 1750 |
| UTILITIES | Cable Available |
| WATER | Public |
| ZONING | City of Crisfield Central Business District |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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*Estimate only
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