Exceptional opportunity to purchase a three parcel assemblage located in the Aberdeen area of Harford County, adjacent to and behind the Aberdeen Shopping Plaza, near I-95, MD Route 132 and MD Route 22. The assemblage offers the potential for both residential and commercial development.
According to Harford County Tax Records, the assemblage comprises a total of 13 +/- acres (566,280 sq. ft.).
218 Bush Chapel Road: 9.9 +/- acres - Zoned R1 (Residential) and R2 (Residential) - Improved by a number of residential dwellings, numerous outbuildings including a horse barn with 6 stalls, paddocks, gravel driveways, gravel parking areas and fencing. It enjoys rental income from four tenant occupied residential dwellings. The Gross Potential Annual Rent for this property is $71,400 (Based on current rents plus a market rent of $1,100 per month for unit 218-A, if that currently vacant unit was renovated and made habitable)
• Dwelling known as 218 Bush Chapel Road:
• $1,700/month rent
• 2-story frame (vinyl siding)
• 4 bedrooms plus 1 full bathroom and 1 half-bathroom
• Heating and cooling is provided by an electric heat pump forced air system
• 200 amp electric service
• Dwelling known as 218-A Bush Chapel Road:
• VACANT
• 1-story frame (vinyl siding)
• Attached 1-car garage
• Dwelling known as 218-B Bush Chapel Road:
• $650/month rent
• 1-story frame (vinyl siding) with a partial crawl space
• 1 bedroom and 1 full bathroom
• Heat is provided by electric wall units and cooling is provided by window a/c units
• 100 amp electric service
• Dwelling known as 220 Bush Chapel Road:
• $1,450/month rent
• 1-story frame (vinyl siding)
• Cooling is provided by window a/c units
• Dwelling known as 222 Bush Chapel Road:
• $1,000/month rent
• 2-story frame (vinyl siding)
• Garage with roll-up door on first level (above-grade)
• Living area is located on second level
• 3 bedrooms and 1 full bath
• Heat is provided by a baseboard system and cooling is provided by window a/c units
Tax ID 02-036223: 2 +/- acres - Zoned B3 (Commercial - General Business District) and R1 (Residential) - Unimproved partially wooded parcel with no road frontage which is located adjacent to and directly behind Aberdeen Shopping Plaza.
Tax ID 02-070529: 1 +/- acres - Zoned B3 (Commercial - General Business District) - Unimproved wooded parcel with access from Giles Avenue which is located adjacent to and directly behind Aberdeen Shopping Plaza.
Diligence Package: Any available leases along with the purchase and sale agreement, are available in the documents section of the auctioneer's website, link below. In order to gain access, you must create a free account as well as accept a non-disclosure agreement.
Auction Notes: Timed Online Auction! Bidding begins Friday, December 6th at 2:00pm and ends Wednesday, December 11th at 2:00pm
Online Bidding Notes: The initial deposit must be made via credit card, wire transfer or by Cashier's Check. Please review the online bidding terms and deposit transmittal form in the Documents Section for more details.
Online bidding only available using a desktop web browser. Online bidding WILL NOT work using mobile devices and tablets running Android.