


$395,900
Est. $2,530/mo
Listing Courtesy of Keller Williams Realty Delmarva
Michael Dunn
4106770909
lwbunting@comcast.net
Listing data provided by Bright MLS
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Description
Rare opportunity to purchase three adjoining properties being sold together at 820, 824, and 828 Shad Point, offering strong value-add potential through renovation, redevelopment, or long-term hold. 820 Shad Point features 3 bedrooms and 2.5 baths but requires some updates; a new heat pump was installed approximately one year ago, providing efficient heating and cooling. 824 Shad Point sustained fire damage and will require substantial repair or possible removal; prior to the fire, the home offered up to 5 bedrooms and 2 bathrooms, presenting significant redevelopment potential. 828 Shad Point includes 2 bedrooms and 1 bathroom and is currently tenant-occupied, providing immediate rental income. The combined parcels offer exceptional land value (3.737 acres) with potential for subdivision or redevelopment, subject to zoning and municipal approvals. Ideal opportunity for investors, builders, or developers seeking scale in a desirable location. Sold as a package only. Buyers to verify zoning, subdivision potential, and future use.
Property Details
Property Type
house
Year Built
1935
Lot Size
3.74 sqft
MLS #
MDWC2021180
Listed
Jan 1, 1970
Features & Amenities
- Heat Pump(s)
- Central A/C
- Window Unit(s)
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