2 Blue Hill Road

Hancock, MD
$ 750,000 Beds 0 Baths 0 Sq 9,750
Monthly Estimate* How much can I afford?

Price Reduction ..for quick sale.... Hancock Motel ( former American Best Value Inn), was founded 3 years ago and is located in Hancock, Washington County, Maryland, the Borderlines with Pennsylvania state and West Virginia state. Great opportunity to own this 19-room motel that features: 25 parking spots with an option to add 10 additional spots. 70% room occupancy Thursday-Sunday and during bike season. UPGRADED locks, flat screen TVs, Furniture and Mattresses. COMPLIMENTARY hair dryer, toiletries, microwave, cable channels. AVAILABLE continental breakfast each morning for motel guests in the cafe. The main building includes: 4 Bedrooms, 2 Full Bathrooms and Kitchen on Main Level; 4 Bedrooms, 5 Full Bathrooms and Kitchen on Upper Level; 2 Bedrooms, 1 Full Bathroom and Laundry on Lower Level. CONVENIENTLY located within driving distance to major attractions. Considering a US INVESTMENT VISA? Hancock Motel is EB5 opportunity by investing $900,000 and creating 10 full time positions for workers in the United States. Potential income by adding a medical spa, mini-golf, smart store, paintball field, restaurant and many more. Main building potential rent income is 42,000 per year. The owners live onsite , but if the future owner is not planning to live there, they can rent the main building and have an additional income.

Contingent

  • Price
  • $ 750,000
  • Lot Size
  • 3.07 Acres
  • Bedrooms
  • 0
  • Sqr Footage
  • 9,750
  • Full Bathrooms
  • 0
  • Year Built
  • 1953
  • Half Bathrooms
  • 0
  • City, Zip
  • Hancock
  • Taxes
  • $ 9524
  • County
  • WASHINGTON
  • Style
  • Hotel/Motel
  • Area
  • MLS#
  • MDWA172932
  • Zip
  • 21750
Listing Provided by: Bay View Realty
Data Source: Bright MLS

Features

General

Accessibility Other
Business Type Hotel/Motel
Construction Materials Other
Cool Fuel Other
Cooling Other
County WASHINGTON
Days on Market 206
Electric Other
Heating Other
Municipality Hancock
New Construction No
Ownership Fee Simple
Parking Features Paved Parking
Possession Settlement
Price Per Sq Ft 76.92
Property SubType Five Or More Units
Property Type Commercial Sale
Security Features Desk in Lobby, Monitored
Sewer Public Sewer
Tax Annual Amount 9524.0
Tax Lot 1-5
Tax Year 2021
Total Units 19
Utilities Cable TV
Vacation Rental Y/N No
Water Access Y/N No
Zoning U

Interior Features

Central Air Y/N No
Entry Level 1
Heating Fuel Other
Heating Y/N Yes
Hot Water Other

Exterior Features

Building Area Total 9750.00
Car Parking Spaces 25
Lot Size Acres 3.07
Lot Size Source Assessor
Lot Size Square Feet 133729.00
Navigable Water Y/N No
Total Parking Spaces 25
Type of Parking Parking Lot, Other
Water Oriented Y/N No
Water Source Other
Water View Y/N No
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Woodbridge, VA office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 3.25% 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.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

7/7/2020 Listed $950,000
9/12/2020 8% - $875,000
10/2/2020 15% - $750,000

Property vs Zip Code Average in 21750

Price
AVG $260K
$750K
Taxes
AVG $2,966
$9,524
Visits
AVG 108
325
Year Built
AVG 1972
1953
Walkscore
AVG 26
33
Data Provided by Walkscore ® not using MLS data

Map

2 Blue Hill Road Hancock, MD is a Single Family Home for sale at $750000 with 9750 sqft and a lot size of 3.07 Acres Acre(s). 2 Blue Hill Road Hancock has 0 bedrooms, 0 baths and was built in 1953. The property's zip code is 21750 which is in Hancock, MD

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 3.25% 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.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.