This property is in need of some TLC to make it a glorious rural oasis on a 1 acre lot. Buy for $279k, renovate, and sell around $600k. Walk to lake in just 10 minutes! Close to Presqui’ile Provincial Park, a popular camping destination and bird migration hotspot.
SUMMARY:
– LOCATION: Cramahe, ON (between Cobourg & Belleville at Hwy 2 and Blyth Park Rd)
– PURCHASE PRICE: $279,900 Or Best Offer.
– AFTER REPAIR VALUE: Around $600k
– CLOSING: October 16, 2024 (Seller has option to extend to November 28 with advance notice. This is an assignment sale.)
– TYPE: Detached Bungalow
– BEDS/BATHS: 2+1 Beds/1 Bath
– PARKING: 4-6 Driveway Spaces Plus 1.5 Car Garage
– BASEMENT: Part Finished
– SQFT: 1278
– BIG LOT: 1 Acre
– DUG WELL/SEPTIC
– AGE: 1965
– PROPERTY TAX: Approx 2750/year
RENOVATIONS NEEDED:
– Full renovation & landscaping required.
– Roof, windows, furnace, and A/C are all 15 years old or so.
– There’s been some hoarding going on and pets relieve themselves in the house, so it’s dirty and smelly.
– Well & septic need attention. Well does not always have water.
– Extensive junk and furniture removal.
– Please view the pictures and videos for ideas on what you’d like to renovate.
GOOD NEWS:
– Cheap, cheap, cheap!
– The huge lot.
– Walking distance to the lake.
Please let us know if you want to view it or if you want the info package. (Comparable solds, MPAC info, and more…)
Thank you,
Aaron Moore, Tomomi Wang & Josea Dussard
647-557-5979
www.HouseDealsGTA.ca – Wholesale Properties For Real Estate Investors
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