This residential property, located in the desirable Bayville - Millcreek subdivision, presents a compelling investment opportunity. Built in 1966, this Cape Cod-style home features a detached structure with a level lot spanning 0.21 acres, offering ample space for potential enhancements or expansions. The property includes four bedrooms and one and a half bathrooms, making it suitable for various rental strategies, including long-term leasing or seasonal rentals. The home is positioned in the middle of the block, providing a tranquil environment while maintaining convenient access to local amenities. The attached garage with inside access and a concrete driveway enhances the property's functionality, appealing to prospective tenants or buyers seeking convenience. While the property is currently in below-average condition, this presents a unique opportunity for investors to increase value through renovations and updates. Investors will appreciate the potential for appreciation in this established neighborhood, characterized by its stable market and proximity to essential services. The lack of an association fee further enhances the investment appeal, allowing for greater flexibility in property management. This property represents a strategic investment opportunity, combining a solid structure with the potential for value enhancement in a sought-after location.
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.