9328 Bay St, Berlin, MD 21811
$500,000

MLS#
Mdwo111338
Price
$500,000
Standard Status
Active
Waterfront
N
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!!
Listing courtesy of Keller Williams Realty Delmarva.
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Exterior Features


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Garden/lawn

Interior Features


Additional Details


Acres
5.25
Property Type
Land
County
Worcester
Lot Size Dimensions
0.00 X 0.00
SchoolDistrictName
Worcester County Public Schools