Water Views
107-117 Davis Lane Federalsburg, MD
$ 949,000
Property Attributes
  • MLS#MDCM122932
  • TypeCommercial
  • CountyCAROLINE
  • CityFederalsburg
  • Zip21632
  • Style
  • Taxes$ 14833
  • Price$ 949,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size19 Acres
Listing Provided Courtesy Of:
Data Source:
Bright MLS
Property Description

Redevelopment potential! 19 +/- acres with water view of the Marshyhope. This property consist of 13 parcels. Town water and sewer available. Currently generating income from 10 single family homes. The houses have a stable rental history. Homes are in good condition - registered and lead painted. Most have new windows. Electric baseboard heat. There is a laundry house that generates additional income. Additional two colonial style homes - also a barn and large outbuilding.

Price History
9/6/2019 Listed $449,000
7/22/2020 28% - $325,000

General Features

Accessibility Level Entry - Main
Business Type Other
Construction Materials Frame
Cool Fuel None
Cooling None
Days on Market 485
Exclusions appliances in rental units belong to the tenants
Heating Baseboard - Electric
Lot Size Square Feet 827640.00
Municipality Federalsburg
New Construction No
Ownership Fee Simple
Possession Settlement, Subject to Existing Lease
Property SubType Five Or More Units
Property Type Commercial Sale
Property Use Investment
Sewer Public Sewer
Tax Annual Amount 14833.95
Tax Year 2020
Total Units 12
Vacation Rental Y/N No
View Water
Water Access Y/N No
Water Body Name Marshyhope Creek
Zoning R2

Interior Features

Central Air Y/N No
Heating Fuel Electric
Heating Y/N Yes
Hot Water Electric

Exterior Features

Building Area Total 0.00
Lot Features Trees/Wooded, Cleared
Lot Size Acres 19.00
Lot Size Source Estimated
Navigable Water Y/N No
Type of Parking Driveway
Water Body Type Creek
Water Oriented Y/N Yes
Water Source Public
Water View Y/N Yes
Waterfront Y/N No


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 21632

AVG $900K
AVG $9,991
AVG 209
AVG 28
Data Provided by Walkscore ® not using MLS data

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