VICTORIA DICKINSON & ASSOCIATES

Description

Lease Agreement & Showing Restrictions: The seller has entered into a one-year lease and has instructed the listing agent to find an investor who will retain the current tenant for the remainder of the lease term. Showings will only be permitted for buyers who acknowledge and agree to these terms. This arrangement provides an excellent opportunity for investors looking for an income-generating property with a tenant already in place. Property Overview: This charming 3-bedroom, 2-bathroom ranch-style home is situated in the peaceful and desirable neighborhood of Knights Landing. The property offers a spacious lot with picturesque views of surrounding trees and open fields, making it a perfect blend of tranquility and convenience. Recent Updates and Improvements: As of January 13, 2025, significant improvements have been made to the home, increasing both its value and structural integrity. The crawl space ceiling has been newly encased with foam insulation, providing enhanced energy efficiency. A new vapor barrier has been laid, alongside an updated sump pump and drainage piping system, extending from the home to the backyard. These upgrades not only improve the home's overall condition but also address key concerns for long-term maintenance. Location and Lifestyle: This home offers a well-designed floor plan featuring a generous living room, an adjoining dining area, and a fully equipped kitchen, ideal for entertaining. The primary bedroom is complemented by an en-suite bath, while the two additional bedrooms and a full guest bathroom ensure comfort for family and visitors. The attached 2-car garage and a beautiful yard add to the appeal, offering both convenience and space. The property is ideally located just a 10-minute drive to Downtown Chestertown, providing access to local amenities. Additionally, it is only 25 minutes to Middletown's shopping, dining, and entertainment options, making it an attractive option for potential tenants or buyers. Market Status & Investment Opportunity: This property presents an excellent opportunity for investors looking to acquire a well-maintained home in a sought-after location. The previous offer fell through due to the buyer's financing issues, making this property available once again. With a lease already in place, investors can enjoy immediate rental income without the hassle of securing a tenant. Additional Notes: Property sizes and taxes are approximate. Buyer and investor inquiries are welcome, especially given the new updates that make this property an even more valuable asset. Don’t miss the opportunity to add this inviting and well-maintained home to your portfolio!

Features