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,… Read More 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. Read Less
Courtesy of Michael Dunn, Keller Williams Realty Delmarva 410-677-0909
Listing Snapshot
Days Online
4
Last Updated
Property Type
Single Family Residential
Beds
10
Full Baths
5
Partial Baths
1
Square Ft.
1,290
Lot Size
3.74 Acres
Year Built
1935
MLS Number
MDWC2021180
Additional Details
Building
Built in 1935, Living area: 1290, Levels: 1
Cooling
Central A/C, Window Unit(s)
Accessibility Features
None
Foundation
Block
Heating
Heat Pump(s)
Lot
3.74 acres, Dimensions: 0.00 x 0.00
Property
Other structures: Above Grade, Below Grade
Sewer
Private Septic Tank
Taxes
Annual Amount: $1,151, Year: 2025, Zoning: R20
Utilities
Water Source: Private
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