GEORGE MANOLAKOS

Description

INVESTOR ALERT--2 charming coastal cottages for the price of 1 in Grasonville, MD! The front cottage is a 2 bed 1 bath 756 sq ft property and the back cottage is a 1 bed/1 bath 560 sq ft property (square footage listed in MLS is combined for both properties). Each cottage boasts its own generously sized bathroom, laundry, kitchen, family room, and lovely porch overlooking enchanting grounds bursting with colorful foliage which blooms each spring. The cottages share a storage shed and the properties are partially fenced with ample off street/driveway parking. While easily accessible to Route 50 and in proximity to the Bay Bridge, the property location and scenery provides a peaceful environment. Both cottages have tenants (see agent private remarks). Per existing lease(s), tenants are responsible for furnishings, yard maintenance, electric, trash, cable/internet, gas (for front cottage stove) & adding salt to water softener (gas/salt addition for front unit only). See agent remarks regarding assumption of public sewer costs per cottage.. Pets are allowed per existing leases. Copies of existing tenant agreements will be supplied to the accepted offer. The property has a right of way to Winchester Creek through the neighbors' yard, should the tenants wish to sit by the water, canoe, or kayak (there is no boat slip). The partially fenced properties are serviced by public sewer, and the well is shared between the two homes. Recent seller upgrades include: New bathroom exhaust fans (both cottages); New Washer/Dryer (109); large old trees removed, trees trimmed back, new mulch/extensive landscaping, roots cleaned; gutters cleared ; roofs cleaned (109/107); placed several new driveway timber borders; scraped down and painted shared storage shed. Tremendous opportunity for investors who wish to start the new year with two properties with a history of solid income cash flow.

Features