Off Market Deeply Discounted Brick Rambler in Edgewater. Either flip or hold onto it as a sought after long or short term rental in highly desirable neighborhood.  

✅PURCHASE PRICE ONLY - $255,000

✅AFTER REPAIR VALUE - $375,000+

✅Rent range $2,000-2,200

✅REPAIRS NEED – MEDIUM REHAB

⭐Highlights

·       Close proximity to Annapolis, Baltimore and DC

·        Community offers access to five beaches, a park, kayak rental, boat ramp and dock.

·        New Roof March 2024

·        City Sewer

·        Solid brick build

🏡 Property Details

·     Single Family Detached

·     🛏️3

·    🚽1

·     📐900 sqft

·    👷1984

💰Comps

Sales:

Sold April 12th for $375,000

https://www.zillow.com/homedetails/3841-Ponder-Dr-Edgewater-MD-21037/35989146_zpid/

Sold April 30th for $390,000

https://www.zillow.com/homedetails/136-Washington-Rd-Edgewater-MD-21037/35989755_zpid/

Rentals:

Rented May 1st for $2,200

https://www.zillow.com/homedetails/435-Walnut-Dr-Edgewater-MD-21037/35988025_zpid/

Rented May 1st for $2,100

https://www.zillow.com/homedetails/111-Welchs-Dr-Edgewater-MD-21037/35989630_zpid/

 📆Closing

·        On or before Friday, May 24th 2024

 🔐Access to the Property

·        Appointment only

 📝Submitting Offers

·        Please enter your final and best offer by Friday, May 10th 2024

·        Please send your Proof of Funds with offer submission

‼️ Important Notes and Disclaimers

·       Sold strictly AS-IS

·       Do NOT disturb occupants

·       No inspection or financing contingencies

·       Cash/Hard Money/Private Money only

·       $5,000 non-refundable EMD to be posted within 24 hours of contract ratification

·       Buyer pays ALL closing costs

·       Settlement at Lawyer’s Edge Title in Dunkirk, Maryland

·       ALL information provided as a courtesy, Buyer to perform all due diligence

·       Allow 48 hours to review all offers

·       End Buyers Only, no wholesalers or joint ventures