This is a RARE OPPORTUNITY to own a Water Privileged Home in a true family oriented community.  Return this treasure to its former glory either as a quick flip or hold onto it as a sought after rental.   

✅PURCHASE PRICE ONLY - $204,999

✅AFTER REPAIR VALUE - $300,000 +

✅ Rent range $1800-2000

✅REPAIRS NEED – FULL REHAB

⭐Highlight

·        Community has a lot to offer including a Playground, Clubhouse, Boat Ramp, Pier, Beach, Basketball Court and Marina

·         10 year old roof

·         1 year old hot water heater

·         2 year old HVAC

·         Electrical box 2 years old

·         Jet pump 1 year old

·         Well serviced recently

 🏠Property Details

·         Detached

·      🛏 2

·     🚽 1

·      📐768 sqft

·      🔨1955

💰 Comps

465 Walnut Drive Edgewater sold June 27^th for $325K

https://www.zillow.com/homedetails/465-Walnut-Dr-Edgewater-MD-21037/35988011_zpid/

1713 Oldtown Road Edgewater sold June 11^th for $300K

https://www.zillow.com/homedetails/1713-Oldtown-Rd-Edgewater-MD-21037/35992382_zpid/

313 Linden Avenue Edgewater sold May 20^th for $330K

https://www.zillow.com/homedetails/313-Linden-Ave-Edgewater-MD-21037/35985704_zpid/

1605 Oldtown Rd, Edgewater rent July 22nd for $1850/MONTH

https://www.zillow.com/homedetails/1605-Oldtown-Rd-Edgewater-MD-21037/35993681_zpid/

5099 Lerch Drive Shadyside rented July 1^ST for $2K/MONTH

https://www.zillow.com/homedetails/5099-Lerch-Dr-Shady-Side-MD-20764/36146827_zpid/

📅 Closing

·         On or before Friday, August 5th, 2022

👀 Access to the Property

·         Appointment only

✍ Submitting Offers

·         Please enter your final and best offer by Friday, July 29th, 2022

·         Please send your Proof of Funds and LLC docs with offer submission

❗❗ Important Notes and Disclaimers

·         Sold strictly AS-IS

·         $10,000 non-refundable EMD to be posted within 24 hours of contract ratification

·         Cash/Hard Money/Private Money only

·         Buyer pays ALL closing costs

·         Buyer must use 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