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$250,000 Price Reduction!!! 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.

Property Details of 1643 Orchard Beach Rd

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Listed by Bradley R Kappel of TTR Sotheby's International Realty

Copyright 2020 BRIGHT, All Rights Reserved.  Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Rosendale Realty participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Data last updated November 26, 2020. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.

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