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107-125 Davis Lane

FEDERALSBURG, MD 21632
  • $285,000
  • STATUS: Closed
  • ON SITE: 671 Days
  • ID#: MDCM2002506
Sold - 03/06/2024
$285,000
SOLD - 03/06/2024
  • 0
    BEDS
  • 6.84
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1900
County:

School Ratings & Info

Description

REDUCED Income producer - acreage with straight on water views of the Marshyhope River. Currently serviced by town water and sewer with potential available for redevelopment. Currently generating income from 12 single family homes. (9 currently rented) The houses have a stable rental history. Homes are in fair to good condition -most registered and lead painted. Most have new windows. Electric baseboard heat. There is a laundry house that generates additional income. Barn and large outbuilding for storage or additional income. Federalsburg is a centrally located and growing community.

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©2024 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 The Maryland & Delaware Group of EXP. 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: 2024-10-11T12:55:27.
www.easternshorehomesolutions.com/homes/135333196
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107-125 Davis Lane FEDERALSBURG, MD 21632

  • Price: $315,000
  • Status: Closed
  • On Site: 671 Days
  • Updated: 15 min ago
  • ID#: MDCM2002506
0
Beds
0
Baths
0
½ Baths
6.84
Acres
1900
Built
Neighborhood:
Federalsburg
County:
Caroline
School District:
Caroline County Public Schools
Property Description
REDUCED Income producer - acreage with straight on water views of the Marshyhope River. Currently serviced by town water and sewer with potential available for redevelopment. Currently generating income from 12 single family homes. (9 currently rented) The houses have a stable rental history. Homes are in fair to good condition -most registered and lead painted. Most have new windows. Electric baseboard heat. There is a laundry house that generates additional income. Barn and large outbuilding for storage or additional income. Federalsburg is a centrally located and growing community.
Exterior Features

Construction Materials Frame Garage YN No Lot Features Trees/WoodedCleared Parking Types Driveway Riparian Rights YN No View Water Water Access YN No Water Body Name Marshyhope Creek Water Body Type Creek Water Oriented YN Yes Water View YN Yes Waterfront YN No

Interior Features

Building Area Total 0.00 Cooling None Exclusions appliances in rental units belong to the tenants Heating Baseboard - Electric Heating YN Yes Net Square Feet 0.00

Property Features

Accessibility Features Level Entry - Main Assessment Year 2022 Association YN No Business Type Other Buyer Financing Cash Central Air YN No Cooling Fuel None Heating Fuel Electric Hot Water Electric Municipality Federalsburg Navigable Water YN N New Construction YN No Original MLSNumber 802049738850 Owner Pays Taxes - Real EstateInsurance Ownership Interest Fee Simple Possession SettlementSubject to Existing Lease Property Sub Type Five Or More Units Sale Type Standard Sewer Public Sewer Tax Annual Amount 0.00 Tax Assessment Amount 525400.00 Vacation Rental YN No Water Source Public Zoning R2

Listing courtesy of Powell REALTORS: .


©2024 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 The Maryland & Delaware Group of EXP. 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: 2024-10-11T12:55:27.
 
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The Maryland & Delaware Group of EXP
107 Williamsport Circle
Salisbury MD, 21804