Property Description:
View additional photos, video walk through, and submit offers at MarketProDeals.com
Opportunity to acquire a Cleaned-Out Two-Level Raised Rancher in Glen Burnie / Anne Arundel County offering 3 Existing Bedrooms, a Full Lower Level with excellent Value-Add potential, Enclosed Rear Sunroom, Gas Forced-Air Heat, and Central Air.
With a 245K Acquisition Price, this property presents a Straightforward Renovation opportunity with the ability to significantly increase the finished Living space and potentially create a 4-Bedroom / 2-Full-Bath configuration.
Main Level: Open Living Room / Kitchen Floor Plan with Rear Exit leading to a Bump-Out Enclosed Sunroom, 3 Existing Bedrooms, and a Full Hall Bathroom
Lower Level: Full Unfinished Lower Level with Good ceiling height and Plumbing already roughed in for a Full Bathroom, Providing an excellent opportunity to finish the Space and Add a Family/Recreation Room plus a potential 4th Bedroom. Depending upon Final Layout, Investors could explore a 5th Bedroom as well, Subject to proper Egress
***LOWER-LEVEL WATER HISTORY: The Lower Level experienced Water Intrusion several years ago. The Owners subsequently had the existing Drywall, Flooring, and Finishes removed and installed a French Drain and Sump Pump system approximately 10+ years ago. according to the Owners, There has been No Additional Water Intrusion since the Drainage system was Installed
***ROOF & HVAC: Existing Roof and HVAC are older. Investors should Underwrite the project conservatively and factor in replacement of both the Roof and HVAC system within their Renovation Budget
Located in the Sun Valley area of Glen Burnie, the property offers convenient access to major Anne Arundel County and Baltimore-Area Commuter Routes, including Route 100, I-97 and I-695, providing connectivity to BWI, Fort Meade, Baltimore, Annapolis and surrounding Employment centers.