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.
Listed By
Agency Name: Keller Williams Realty Delmarva
Agency Phone: 4106770909
Shown By
Agent Name: The Mike Hackenberger Team
Agent Phone: Cell: (717) 309-2740
Agency Title: Berkshire Hathaway HomeServices Homesale Realty
Estimated Payment
$ 1,480.39 per month $1,224.06 Principal & Interest $95.92 Property Tax $160.42 Homeowner's Insurance
820, 824 & 828 Shad Point Road | MLS# MDWC2021180
This single family home located at 820, 824 & 828 Shad Point Road, Fruitland, MD 21826 is currently listed for sale with an asking price of $550,000. This property was built in 1935 and has 10 bedrooms and 5 full and 1 partial baths with 1290 sq. ft. 820, 824 & 828 Shad Point Road is located within the WICOMICO COUNTY PUBLIC SCHOOLS school district. Search Fruitland real estate on www.movewithmike.net today.