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.