$ 250,000
-
$250,000
Price -
7
Bed -
0
Bath -
2,655
SqFt
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Open House Times
- Fri. May. 29 at 11:00am to 12:00pm
About the Listing AJB1 - 142663
REAL ESTATE AUCTION featuring ON SITE and SIMULCAST ONLINE BIDDING!! Online Bidding Opens - Thursday, May 28, 2026. Live On Site Auction - Friday, May 29, 2026 at 12:00 noon. List price is opening bid only. Live Auction Bidders – A deposit of $30,000, payable by cashier’s check, will be required of the purchaser at time and place of sale. Online Auction Bidders – A deposit of $30,000, payable by cashier’s check or wire, will be required of all online bidders prior to the start of the live auction. The deposit will be held in escrow until the completion of the auction and will be retained from the winning bidder. 5122 Main Street comprises a 5 unit apartment building in the Grasonville area of Queen Anne’s County. The property is located a short distance south of exit 44B from US-50, near the US-50/US-301 interchange and approximately 8 miles east of the Bay Bridge, providing a convenient location for tenants commuting throughout the Eastern Shore and Annapolis areas. The building currently has 4 of 5 units rented for a gross rent of $3,000/month ($36,000/year). The auction provides an opportunity to buy a strategically located asset with excellent upside potential.
Listing Highlights
Status
Active
Days on Site
19
Property Type
Multi-Family
MLS ®
MDQA2016988
Year Built
1954
Total Square Footage
2,655
Lot/Acreage
0.64
County
Queen Annes
Neighborhood
Grasonville
School District
Queen Anne's County Public Schools
Elementary School
Grasonville
Middle School
Stevensville
High School
Kent Island
Interior Details
- Bedrooms: 7
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Wall Unit
- Heating: Heat Pump(s)
- Fireplaces:
- Floor: Carpet,Luxury Vinyl Plank,Hardwood,Vinyl
- Above Ground Sq Ft: 2655
- Below Ground Sq Ft: 0
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Parking Spaces: 8
- Zoning: GNC
- Roof: Asphalt,Shingle,Metal
- Others:
- Sewer: Public Sewer
- Parking Features: Parking Lot,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Financial Details
- Tax Amount: $2,590
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
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Questions About..
5122 Main St Grasonville, MD 21638
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