Property
Beds
1
Full Baths
1
1/2 Baths
None
Year Built
1900
Sq.Footage
1,650
Discover a unique investment opportunity with this charming 3-bedroom, 1-bathroom farmhouse-style property, built in 1900 and situated on a generous 1.42-acre lot. This detached home, while requiring major rehabilitation, presents a blank canvas for savvy investors looking to capitalize on the potential for significant returns in a growing market. The property boasts a spacious 1,650 square feet of finished space, offering ample room for creative renovations. With its classic farmhouse architecture, there is potential to restore its historic charm while modernizing the interior to meet contemporary standards. Investors can explore various strategies, from a full renovation to a complete rebuild, depending on their vision and investment goals. The expansive lot provides opportunities for outdoor enhancements, such as landscaping, gardening, or even the addition of rental units, subject to local zoning regulations. The absence of an HOA means fewer restrictions and more freedom to develop the property as desired, maximizing your investment potential. Located in an area with increasing demand for housing, this property is poised for appreciation. The combination of its size, location, and potential for renovation makes it an attractive option for both short-term flips and long-term rental strategies. Investors can take advantage of the growing trend of buyers seeking unique, character-filled homes in desirable locations. Parking is convenient with a driveway, and the property is easily accessible, making it appealing for future tenants or buyers. This property is not just a home; it's a strategic investment opportunity waiting for the right vision. With the right renovations, this farmhouse can transform into a sought-after residence, yielding substantial returns in a competitive market. Don't miss your chance to invest in a property with endless possibilities!
Features & Amenities
Interior
-
Total Bedrooms
1
-
Bathrooms
1
-
Above Grade Finished Area
1650.0
-
Basement YN
NO
-
Cooling YN
NO
-
Cooling
None
-
Fireplace YN
NO
-
Heating YN
NO
-
Heating
None
-
Main Level Bedrooms
1
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Frame
-
Parking
Driveway
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
1.42
-
Lot Size(square feet)
61,855
-
Property Type
Residential
-
Property Sub Type
Single Family Residence
-
Architectural Style
Farmhouse/National Folk
Price
-
Sales Price
$135,000
-
Tax Amount
$806
-
Financing Options
Cash
-
Sq. Footage
1,650
-
Price/SqFt
$81
HOA
-
Association
No
School District
-
Elementary School
CARTER G WOODSON
-
Middle School
SOMERSET 6-7
-
High School
CRISFIELD ACADEMY AND
Property Features
-
New Construction
NO
-
Foundation Details
Block
-
Senior Community YN
NO
-
Sewer
Septic Tank
-
Water Source
Well
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Location
County
SOMERSET
Elementary School
CARTER G WOODSON
Middle School
SOMERSET 6-7
High School
CRISFIELD ACADEMY AND
Listing Courtesy of Melissa Laird , LAIRD & ASSOCIATES
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AGENT
David Riddle
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