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Wednesday, August 27, 2008

Going Once, Going Twice, SOLD!


I was walking down the Downtown Plaza when I heard someone ringing a bell and thought, isn't that cool. The sound brought me to the steps of the old Court House where an Auctioneer was auctioning off property. The one I stood around listening to was a building on Old Ocean City Road that used to be owned by the Telephone Company. It was a brick structure originally but had been converted with siding and so forth. This commercial piece of property sold for $40,000.00 and the new Owner will list the property for resale through Doug Marshall right away for $79,900.00. Not a bad days work, eh?

People should keep their eyes open for such deals because the good ones are still out there to be had. Congratulations to the buyer.

4 comments:

Anonymous said...

How come you didn't bid more?

Anonymous said...

Will it sell at that price? That's like saying I have baseball card worth $4000... still gotta find someone that will buy it.

Anonymous said...

That's the biggest crowd I've seen at an auction downtown in a long time.

-Wayne S.

Anonymous said...

thats the old phone building in pittsville . not such a bargain! no water or sewer to that building. even if ole denver and the boyz give him a edu it will cost around 20,000 dollars and alot of headaches. 10,000 dollars to the town for impact fee, 5200.00 to wicomico county impact fee plus a tap and meter fee and whatever your contractor charges to connect the water and sewer from the dwelling to the street.