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    9328 Bay Street

    BERLIN, MD 21811
    • $500,000
    • STATUS: Active
    • ON SITE: 316 days
    • ID#: MDWO111338
    UPDATED: 218 min ago
    $500,000
    • 0
      BEDS
    • 5.25
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    County:

    School Ratings & Info

    Description

    Developer/Investor alert!!! LOCATED IN A DESIGNATED MD OPPORTUNITY ZONE!! May be eligible for big tax incentives and special financing!! 5.25 planned unit development (PUD) right on Bay Street in Berlin Md!!Site plan for 38 units or 19 Duplexes. Seller has retained the water and sewer rights since 2003!! ( 38 EDU's)Previous site plan available . Comes to $13,000 per unit land costs and you will get the EDU's at a big discount!!! Walk to downtown Berlin, and just minutes to Ocean City beaches, casino, golf, Assateague Island etc. Berlin is booming and there is a big housing shortage in the area! Great opportunity for investors and developers!!

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    ©2020 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 Redux Group | Keller Williams. 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: 2020-11-27T14:50:53.737.
    dmv.thereduxgroup.com/homes/102310955
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    9328 Bay Street BERLIN, MD 21811

    • Price: $500,000
    • Status: Active
    • Updated: 218 min ago
    • ID#: MDWO111338
    0
    Beds
    0
    Baths
    0
    ½ Baths
    5.25
    Acres
    Neighborhood:
    Worcester East Of Rt-113
    County:
    Worcester
    Area:
    Worcester East Of Rt-113
    School District:
    Worcester County Public Schools
    Property Description
    Developer/Investor alert!!! LOCATED IN A DESIGNATED MD OPPORTUNITY ZONE!! May be eligible for big tax incentives and special financing!! 5.25 planned unit development (PUD) right on Bay Street in Berlin Md!!Site plan for 38 units or 19 Duplexes. Seller has retained the water and sewer rights since 2003!! ( 38 EDU's)Previous site plan available . Comes to $13,000 per unit land costs and you will get the EDU's at a big discount!!! Walk to downtown Berlin, and just minutes to Ocean City beaches, casino, golf, Assateague Island etc. Berlin is booming and there is a big housing shortage in the area! Great opportunity for investors and developers!!
    Exterior Features

    Garage YN No Lot Features ClearedPud Riparian Rights YN No View Garden/Lawn Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

    Property Features

    Acceptable Financing CashConventional Assessment Year 2020 Association YN No Central Air YN No Construction Completed YN No Cross Street Rt 50 Current Use Land/Lot Only Federal Flood Zone YN No Incorporated City Name Berlin Navigable Water YN N New Construction YN No Original MLSNumber 302205662041 Ownership Interest Fee Simple Possession Settlement Property Sub Type Land Sale Type Standard Sewer Public Sewer Tax Annual Amount 1690.00 Tax Assessment Amount 96200.00 Tax Lot 2A Vacation Rental YN No Water Source Public Zoning R-3

    Listing courtesy of Keller Williams Realty Delmarva.


    ©2020 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 Redux Group | Keller Williams. 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: 2020-11-27T14:50:53.737.
     
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