107-125 Davis Ln, Federalsburg, MD 21632

Sold Price
$285,000
List Price
$315,000
Closing Date
Mar 06, 2024
MLS#
MDCM2002506
Status
CLOSED
Type
Commercial
Year Built
1900
County
Caroline
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.

Additional Information

Acres
6.84
Lot Size
297,950
Cooling
None
Heating
Electric Baseboard

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Powell REALTORS. Contact:

Selling Office: Powell REALTORS.