Federalsburg, MD 21632,107-125 DAVIS LN
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Federalsburg, MD 21632,107-125 DAVIS LN
Federalsburg, MD 21632,107-125 DAVIS LN
Federalsburg, MD 21632,107-125 DAVIS LN
Federalsburg, MD 21632,107-125 DAVIS LN

$285,000

Est. payment /mo

$315,000

9.5%
Est.Price: ?

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107-125 DAVIS LN Federalsburg, MD 21632

6.84 Acres Lot

SOLD DATE : 03/06/2024

Key Details

Sold Price $285,000

Property Type Commercial

Sub Type Five Or More Units

Listing Status Sold

Purchase Type For Sale

Subdivision Federalsburg

MLS Listing ID MDCM2002506

Sold Date 03/06/24

HOA Y/N N

Originating Board BRIGHT

Year Built 1900

Tax Year 2022

Lot Size 6.840 Acres

Acres 6.84

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.

Location

State MD

County Caroline

Zoning R2

Interior

Hot Water Electric

Heating Baseboard - Electric

Cooling None

Heat Source Electric

Exterior

Water Access N

View Water

Accessibility Level Entry - Main

Garage N

Building

Lot Description Trees/Wooded, Cleared

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Caroline County Public Schools

Others

Tax ID 05-004462

Ownership Fee Simple

SqFt Source Estimated

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Valerie P Brown • Charles C. Powell, Inc. Realtors
Bought with Valerie P Brown • Charles C. Powell, Inc. Realtors

Andie Scheidt

License ID: 652506

+1(410) 241-1754

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