BEDS0
BATHS
SQUARE FEET2,655
MLS#MDQA2016988
STATUSACTIVE
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONGRASONVILLE
SCHOOLQUEEN ANNES COUNTY PUBLIC SCHOOLS
Property Description
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.
Property Features
Property Type: Multi Unit - Multiple
Heating: Heat Pump(s)
Lot Size: 0.64 Acres
Roof Type: Asphalt, Shingle
Taxes: $2,590
Year Built: 1954
Feature Descriptions
Additional Structures: Above Grade, Below Grade
Exterior: Frame
Lot Dimensions: 0.64 Acre(S)
One Bedroom Units: 4
Sewer: Public Sewer
Structure Type: Detached
Total Garage/Parking Spaces: 8
Units: 4
Water: Public
Local Schools
High School: KENT ISLAND
Middle School: STEVENSVILLE
Elementary School: GRASONVILLE
School District: QUEEN ANNES COUNTY PUBLIC SCHOOLS
Listed By / Shown By
Listed By
Agency Name: A.J. Billig & Company
Shown By
Agency Title: Maverick Realty, LLC
Agency Phone: (302) 365-8297
Estimate Your Payment
Estimated Payment
$ 845.14 per month $556.39 Principal & Interest $215.83 Property Tax $72.92 Homeowner's Insurance
5122 Main Street | MLS# MDQA2016988
This multi-family property located at 5122 Main Street , Grasonville, MD 21638 is currently listed for sale with an asking price of $250,000. Main Street is located within the QUEEN ANNES COUNTY PUBLIC SCHOOLS school district. Search Grasonville real estate on www.maverickrealtyusa.com today.