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9328 BAY STActive

Berlin, MD 21811

0

500000-100.0%

-1Bed

-1Bath

-1SqFt


UPDATED

 

Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Active

Purchase Type For Sale

Lot Size 5.250 Acres

MLS Listing ID MDWO111338

Short Sale No

HOA Y/N N

Originating MLS BRIGHT

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!!

Location

State MD

County Worcester

Area Worcester East Of Rt-113

Zoning R-3

Exterior

Waterfront N

Water Access N

View Garden/Lawn

Garage N

Building

Lot Description Cleared,PUD

Lot Dimensions 0.00 x 0.00

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Worcester County Public Schools

Others

Tax Amount $1,690

Tax Year 2020

Tax ID 03-034100

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash,Conventional

Special Sale Standard

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Listing provided by Keller Williams Realty Delmarva

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PROPERTY HISTORY

Date Event Price Source

    Neighborhood Demographic

    Sam Lepore Keller Williams

    Sam Lepore

    Agent | License ID: 0791411

    8562976827

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