7844 Clark Station Rd, Severn, MD 21144

After much anticipation, this property is now ready to enter the market. Located in the highly desirable area of Severn, Md in Anne Arundel County, this 2 bedroom, 1 bath home necessitates major renovation. As such, it presents a prime opportunity for contractors seeking a superior piece of property to construct a new home and base their business operations. Additionally, the existing house could be renovated, with potential for a new home to be built on the adjacent lot, providing a rental income stream. It is important to note that conventional, standard FHA, and VA financing options will not be available for this property. A cash or renovation loan will be required. This distinctive investment opportunity benefits from R2 zoning and is situated on a spacious 1-acre lot. Priced at the recently appraised value of $295,000, this property offers considerable potential for investors. Please contact me for further information.