107-125 Davis Lane, Federalsburg, MD 21632
- $285,000
- Sold Price
- $285,000
- List Price
- $315,000
- Days on Market
- 345
- Closing Date
- Mar 06, 2024
- MLS#
- MDCM2002506
- Status
- CLOSED
- Type
- Commercial
- Year Built
- 1900
- County
- Caroline
- Neighborhood
- Federalsburg
- Subdivision
- Federalsburg
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.
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Additional Information
- Acres
- 6.84
- Lot Size
- 297,950
- Lot Description
- Trees/Wooded, Cleared
- Cooling
- None
- Heating
- Baseboard - Electric
Mortgage Calculator
Listing courtesy of Powell REALTORS. Contact:
Selling Office: .