Basics
- Date added: Added 3 years ago
- Bedrooms: 3
- Bathrooms: 2
Description
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Description:
A brick bungalow built in 2018 located in sought-after Norwood for only $450,000!! Yes, you read that right!! Boasting 3 bedrooms, 2 bathrooms, a 1-car garage, and a new deck, this 1080 sq ft bungalow is an absolute steal of a deal with quick and easy profit to be made via resale and/or assignment. Assume the tenant and bring in money while waiting out the Spring market OR offer cash for keys to get started on upgrades/resale/assignment right away!! With comparable properties selling for $585,000+ you can’t pass up this excellent opportunity to invest in a growing and thriving community for $110,000+ below market!! We are selling our assignable purchase contract.
Closing is November 21st, 2022
**As per our APS, the Buyer agrees to assume the current tenant at the current monthly rate of $1703 (not inclusive of utilities). The Buyer is aware that the original lease has expired and that the current tenants are living on a verbal month-to-month agreement.**
Show all descriptionPROPERTY FEATURES- 3 bedrooms (as per Seller)
- 2 full bathrooms
- 4-piece bathroom located on the main floor
- 4-piece bathroom located in the basement
- Basement bathroom was added in 2020 (as per Seller)
- Built in 2018
- Above grade: 1080 sq ft (as per MPAC)
- Partially finished basement
- All appliances will be included (as per Seller)
- Flooring: tile, carpet, poured concrete (Buyer to verify)
- 100 AMP breaker panel
- HE gas furnace is owned, and is from 2018 (as per Seller)
- HWT is rented, and is from 2018 (as per Seller)
- Central AC is owned, and is from 2018 (as per Seller)
- Windows are from 2018 (as per Seller)
- Roof is from 2018 (as per Seller)
- Deck was added in 2020 (as per Seller)
- 1-car, attached garage
- No direct access to the property
- Driveway can accommodate ~4 cars (Buyer to verify)
- On municipal services
- Property tax: ~$2400/year (as per Seller)
- Lot size: 49.21 ft x 110 ft (as per MPAC)
- Zoning: R1 (as per THIS zoning map) — Buyer to verify
- Currently tenanted at a rate of $1703/month, not inclusive of utilities (as per Seller)
- Tenant is on a month-to-month lease (as per Seller)
PROPERTY NEEDS
- Cosmetic updates, if desired
Please click HERE for more pictures and information.
