201 MILL STREET Cambridge, MD $ 280,000
201 MILL STREET
$ 280,000

201 MILL STREET Cambridge, MD, 21613

$ 280,000
Bedrooms Baths0.0 Sq 0

Monthly Estimate*

$ 1,086

How much can I afford?
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Commercial Property for sale in Cambridge, MD

for $280,000. This building was built in 1903 on a lot size of 1.86 Acre(s).

Historic "Academy School", built in 1903 and served as a public elementary school for many decades, 1.86 acre lot located near the Choptank River and downtown Cambridge in Historic West End District. Professionally designed plans on file for rehab of the structurally sound building into 8 senior citizen condos and a new detached building with 15 units and club house. Buyer may have and use these plans for approval, which had prior approval from City, now expired. Approved for 250K Federal Historic Tax Credit, subject to minor conditions, transferable to buyer. Once approved for 287K MD Historic Tax Credit, now expired, re-application allowed Aug, 2019. Subject to pending rezoning request for multi-family residential use, which has been well received.

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Commercial Active

Price

$ 280,000

Property Type

Commercial

Taxes

$ 1,454

Style

Other / Unknown

Lot Size

1.86 Acre(s)

Year Built

1903

Town/City

Cambridge

County/Region

Dorchester

MLS | Web ID

1009919322

Features
Interior
Flooring Wood Floors
Sewer Public Sewer
Water Source Public Water
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Exterior
Construction Brick
Lot Description Corner Historic
Road Frontage County Road
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Miscellaneous
Accessibility Level Entry
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* Excluded Features
List By

Listing Agent

Sharon Real Estate P.C.

Broker


Affordability

$ 1,207 per month
Get Pre-Approved
Monthly Principal & Interest
$1,086
Monthly Property Taxes
$121
Monthly Home Insurance
--

Default based on a 30-year fixed rate of 4.125% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby
DORCHESTER COUNTY PUBLIC SCHOOLS School District
SANDY HILL Elementary School
MACE'S LANE Middle School
CAMBRIDGE-SOUTH DORCHESTER High School

Map


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201 MILL STREET, Cambridge, MD, 21613 is a Commercial Property for sale at $280,000 with 0 sqft and a lot size of 1.86 Acre(s). 201 MILL STREET has 0.0 baths and was built in 1903. The property's zip code is 21613 which is in Cambridge, MD