Skip To Content

531 W Main Street

CRISFIELD, MD 21817
  • $1,000,000
  • STATUS: Active
  • ON SITE: 30 Days
  • ID#: MDSO2006062
UPDATED: 93 min ago
$1,000,000
  • 0
    BEDS
  • 0.5
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1920
County:

School Information

Elementary School:
Middle School:
High School:

Description

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.

Monthly Payment Calculator



©2025 Bright MLS, All Rights Reserved. IDX information 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. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Nomis Group International | eXp Realty. 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. Data last updated: 2025-07-17T23:52:48.717.
www.homesbynomis.com/homes/165006255
Print Image

531 W Main Street CRISFIELD, MD 21817

  • Price: $1,000,000
  • Status: Active
  • On Site: 30 Days
  • Updated: 93 min ago
  • ID#: MDSO2006062
0
Beds
0
Baths
0
½ Baths
0.5
Acres
1920
Built
Neighborhood:
Somerset West Of Rt-13 (20-01)
County:
Somerset
Area:
Somerset West Of Rt-13 (20-01)
Elementary School:
Carter G Woodson
Middle School:
Somerset 6-7
High School:
Crisfield Academy And
School District:
Somerset County Public Schools
Property Description
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.
Exterior Features

Construction Materials Brick Garage YN No Location Type Business District Lot Features Additional Lot(s) Parking Features Private Parking Types Parking Lot Property Condition Good Roof Built-UpArchitectural ShingleAsphalt Water Access YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 10654.00 Cooling Central A/CHeat Pump(s)Window Unit(s) Flooring CarpetHardwoodVinyl Heating Baseboard - ElectricHeat Pump - Electric BackUp Heating YN Yes Inclusions Each residential rental unit has a refrigerator and electric range. Net Square Feet 22162.00

Property Features

Acceptable Financing CashConventional Accessibility Features 2+ Access Exits Central Air YN Yes Cooling Fuel Electric Electric 200+ Amp Service Heating Fuel Electric Historic YN No Hot Water Electric Municipality Crisfield Navigable Water YN N New Construction YN No Number Of Units Total 23 Operating Expense Includes InsuranceLandscapingPest ControlRepair/MaintenanceSewerSnow RemovalTrashWater Original MLSNumber 803934761308 Owner Pays Common Area MaintenanceInsuranceLawn/Shrub CarePest ControlRepairsReserves for ReplacementSewerSnow RemovalTaxes - Real EstateTrash CollectionWater Ownership Interest Fee Simple Property Sub Type Five Or More Units Sale Type Standard Sewer Public Sewer Tax Annual Amount 1750.00 Utilities Cable TV Vacation Rental YN No Water Source Public Year Built Effective 2019 Zoning CBD Zoning Description City of Crisfield Central Business District

Listing courtesy of Wilson Realty: .


©2025 Bright MLS, All Rights Reserved. IDX information 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. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Nomis Group International | eXp Realty. 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. Data last updated: 2025-07-17T23:52:48.717.
 
https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_803934761308-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_803934761308-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_803934761308-2.jpg
Logo
Nomis Group International | eXp Realty
9864 Main St
Fairfax VA, 22031