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    1643 Orchard Beach Road

    ANNAPOLIS, MD 21409
    • $1,749,000
    • STATUS: Active
    • ON SITE: 105 days
    • ID#: MDAA435972
    UPDATED: 67 min ago
    $1,749,000
    • 2
      BEDS
    • 0.71
      ACRES
    • 1
      BATHS
    • 1
      1/2 BATHS
    • 1,608
      SQFT
    • $1,088
      $/SQFT
    Neighborhood:
    Type:
    Single-Family Home
    Built:
    1955
    County:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    Generate income and achieve the ultimate Annapolis waterfront lifestyle on Mill Creek. Enjoy quick access by boat to the Chesapeake Bay and the Severn River. A waterfront opportunity like this rarely comes to market! Orchard Beach Marina has 17 fully-leased slips that generate over $75,000 in annual gross revenue! Renovate the existing cottage or build your dream custom waterfront home on this (.71) acre waterfront property with stunning panoramic views of Mill Creek and protected deep water access (10ft MLW). Recent upgrades include two new nitrogen septic systems and two new wells with water treatment system. State of the art floating dock, new electric service and water service to pier. New bath house with shower and garage/work shop. Separate Marina office with storage below. Matt paver system under the parking and driveway area is designed to support heavy equipment. There is also the ability to run a commercial repair business on the property as part of the continued non-conforming status. Architectural plans available for a new 3,500 SQFT home and the recently installed septic system will help to expedite the permit process. Permits can be renewed for the redevelopment. This is the perfect location for a VRBO or Airbnb vacation rental home, generate income from not only the marina but also the residence. This property is located in the Broadneck school district and it is a great location for quick access to Downtown Annapolis, heading over the Bay Bridge to the Eastern shore or jumping on Rt. 50 to get back to Washington, DC. Don't let this positive-cash-flow waterfront investment opportunity slip away! Be sure to view the video tour.

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    ©2020 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or LoCoMusings | Century 21 Redwood Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2020-09-25T15:53:56.78.
    www.locomusings.com/homes/106775653
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    1643 Orchard Beach Road ANNAPOLIS, MD 21409

    • Price: $1,749,000
    • Status: Active
    • Updated: 67 min ago
    • ID#: MDAA435972
    2
    Beds
    1
    Baths
    1
    ½ Baths
    0.71
    Acres
    1,608
    SQFT
    $1,088
    $/SQFT
    1955
    Built
    Neighborhood:
    Orchard Beach
    County:
    Anne Arundel
    Elementary School:
    Windsor Farm
    Middle School:
    Severn River
    High School:
    Broadneck
    School District:
    Anne Arundel County Public Schools
    Property Description
    Generate income and achieve the ultimate Annapolis waterfront lifestyle on Mill Creek. Enjoy quick access by boat to the Chesapeake Bay and the Severn River. A waterfront opportunity like this rarely comes to market! Orchard Beach Marina has 17 fully-leased slips that generate over $75,000 in annual gross revenue! Renovate the existing cottage or build your dream custom waterfront home on this (.71) acre waterfront property with stunning panoramic views of Mill Creek and protected deep water access (10ft MLW). Recent upgrades include two new nitrogen septic systems and two new wells with water treatment system. State of the art floating dock, new electric service and water service to pier. New bath house with shower and garage/work shop. Separate Marina office with storage below. Matt paver system under the parking and driveway area is designed to support heavy equipment. There is also the ability to run a commercial repair business on the property as part of the continued non-conforming status. Architectural plans available for a new 3,500 SQFT home and the recently installed septic system will help to expedite the permit process. Permits can be renewed for the redevelopment. This is the perfect location for a VRBO or Airbnb vacation rental home, generate income from not only the marina but also the residence. This property is located in the Broadneck school district and it is a great location for quick access to Downtown Annapolis, heading over the Bay Bridge to the Eastern shore or jumping on Rt. 50 to get back to Washington, DC. Don't let this positive-cash-flow waterfront investment opportunity slip away! Be sure to view the video tour.
    Exterior Features

    Architectural Style Cape Cod Construction Materials Other Garage YN No Location Type Creek/Stream Lot Features Rip-RappedSideyard(S) Other Structures Above GradeBelow Grade Parking Types Off StreetParking LotDriveway Pool No Pool Property Condition Good Riparian Rights YN Yes View MarinaWaterCreek/Stream Water Access Features Boat - PoweredSailPersonal Watercraft (Pwc)Fishing AllowedCanoe/Kayak Water Access YN Yes Water Body Name Mill Creek Water Body Type Creek Water Oriented YN Yes Waterfront Features Boat/Launch Ramp Waterfront YN Yes

    Interior Features

    Above Grade Fin SQFT 1608 Basement Side Entrance Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Other Heating Other Heating YN Yes Inclusions Marina License & Marina Business Documents Levels 1 Main Level Bedrooms 2

    Property Features

    Acceptable Financing CashConventional Accessibility Features Other Assessment Year 2020 Association YN No Central Air YN No Condo YN No Cooling Fuel Other Heating Fuel Other Historic YN No Hot Water Other Lease Considered YN No Mean Low Water Feet 10 Navigable Water YN Y New Construction YN No Original MLSNumber 304151682129 Ownership Interest Fee Simple Possession Negotiable Sale Type Standard Senior Community YN No Sewer On Site Septic Structure Design Type Detached Tax Annual Amount 11434.00 Tax Assessment Amount 1063700.00 Utilities Electric Available Vacation Rental YN No Water Source Well Zoning R1 Zoning Description Residential/Commercial

    Listing courtesy of Ttr Sotheby's International Realty.


    ©2020 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or LoCoMusings | Century 21 Redwood Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2020-09-25T15:53:56.78.
     
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