3668 5TH AVE new to site

Edgewater,MD 21037

$ 240000

1 Bed

1 Bath

484 SqFt


Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 484 sqft

Price per Sqft $495

Subdivision Selby On The Bay

MLS Listing ID MDAA2100622

Style Cottage

Bedrooms 1

Full Baths 1

Year Built 1950

Annual Tax Amount $2,875

Tax Year 2024

Lot Size 8,000 Sqft

Property Description

🔧🔨 Fix, flip, or construct your dream home in the picturesque Selby on the Bay! 🏡
This unique opportunity offers a charming one-bedroom, one-bath cottage situated on a spacious 4,000 square foot lot, alongside an additional 4,000 square foot lot, perfect for expansion or new construction. Whether you're an investor looking for a flip project or a builder ready to create a large home, these two lots provide endless possibilities.
Property Features:
🛏️ One-bedroom, one-bath cottage
📏 Two adjacent 4,000 square foot lots
💧 Well water and community septic system
🌊 Located in the vibrant, water-oriented community of Selby on the Bay

Selby on the Bay boasts a wonderful community center and several marinas, offering a lifestyle that embraces waterfront living. With scenic views and a tight-knit community, this area is ideal for those looking to enjoy the tranquility of the bay.

Important Financing Information: This property will not qualify for regular financing. It is available for cash-only purchases or 203K loan financing, making it an excellent opportunity for local builders or investors.

For more details or to schedule a viewing, please call the listing agent. Don't miss out on this incredible chance to own and create in Selby on the Bay!

Location

State MD

County Anne Arundel

Zoning R5

Rooms

Other Rooms Living Room,Kitchen

Interior

Hot Water Electric

Heating Baseboard - Electric

Cooling None

Exterior

Water Access N

Roof Type Composite

Building

Story 1

Foundation Crawl Space

Sewer Public Sewer

Water Well

New Construction N

Schools

School District Anne Arundel County Public Schools

Others

Acceptable Financing Cash,FHA 203(k)

Listing Terms Cash,FHA 203(k)

Special Listing Condition Probate Listing

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