🌟 Charming Cottage Next to the Chesapeake Bay in Edgewater! 🏡 2BD/1BA, 850 Sq Ft – ARV $400k, $30k Reno!

Edgewater, MD, 21037
Sold
Listed at: October 14th, 2024
Price
$244,900
ARV
$400,000
Gross Margin
$155,100
Sq. Footage
850
Type
Detached
Parking
Driveway
Year build
1926
Lot size
0.20 acres
Bedrooms
2
Bathrooms
1
Half Bathrooms
0
Summary

Property Highlights:
🛏️ 2 Bedrooms
🚿 1 Bathroom
🏠 850 Sq Ft of Living Space
🔨 $30K Renovation – Great Fix & Flip Opportunity!
💰 ARV $400k!
🌳 0.2 Acre Lot
🌊 Just a Short Walk to the Chesapeake Bay and Rhode River
🎣 Beach, Playground, Marina, and Boat Ramp Nearby – Perfect for Water Enthusiasts!

Located in the Beverley Beach community in Edgewater, MD, this cozy 2BD/1BA cottage is just a short walk from the Chesapeake Bay and Rhode River. This charming home is perfect for those who love being close to the water, with easy access to the beach, marina, and boat ramp. A great opportunity for investors looking to maximize returns in a popular waterfront community!

Comps in the Area:
🏡 1419 Hallie St, Edgewater, MD 21037 – 2BD/1BA, 761 Sq Ft, Sold for $395,000 on 05/30/24
🏡 1205 Cedar Ln, Edgewater, MD 21037 – 2BD/1BA, 1,096 Sq Ft, Sold for $400,000 on 08/28/24

📞 Reach out to Joshua for more details and showing instructions at 917-767-7675!

Disclaimer:
Broker participation is welcome at 3% on top of the price.
Approximately 2-3 months for closing, subject to court ratification.
Buyer is responsible for all closing costs and title insurance.
Strongly prefer to use "New World Title Company" as the preferred title company.
Selling "as-is." Firm on price: Any offer below asking will not be considered.
Cash or Hard Money Loans Only!

Seller has never lived in property and being sold as is. Buyers are encouraged to perform their own due diligence regarding properties advertised by Dirty Properties. Information provided by Dirty Properties about advertised properties is taken from public records and other sources, is provided in good faith, but is not guaranteed to be accurate. After renovated value ("ARV"), estimated repair costs, and other such figures are simply estimates; as such, buyers should conduct their own analysis and diligence regarding all aspects of the property prior to offering/purchasing.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Joshua Shifrin

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