7 Taney St, Hancock, MD 21750-1424
This charming 3,780 sq ft property in historic Hancock, MD, presents a unique opportunity. Previously a successful bed and breakfast, it offers five en-suite bedrooms, each with its own bathroom, ideal for continued hospitality use. The main level features three en-suite bedrooms, one with a stone fireplace, and a kitchen with a breakfast room overlooking the C&O Canal. An expansive gathering room with an attached balcony provides breathtaking canal and bike trail views. The property boasts hardwood floors throughout, laundry facilities, and secure bike storage. An ADA-certified bedroom on the main level ensures accessibility. Situated on a 0.06-acre lot, it offers direct access to the C&O Canal towpath and bike trails, with the national park running through the property. The location is convenient to Main Street and offers proximity to numerous attractions including museums, galleries, and the Western Maryland Rail Trail. The property is being sold "AS IS". This is a rare chance to own a piece of Hancock's rich history and natural beauty. The property's versatility allows for use as a single-family home or a thriving bed and breakfast.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
U · Hancock, MDHancock. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.