Bungalow Flip with Extra Large Garage/Workshop in Marmora!! Assigned

  • $250,000
  • 2 beds
  • 1 baths
  • 1220 sqft
Assigned

Offering plenty of outdoor space in a beautiful setting, along with the convenience of being close to the essentials of the community, this is the perfect flip opportunity for you!! This bungalow is located off of a quiet road, featuring 1200+ sq ft of space, 2 bedrooms, 1 full bathroom, a large, detached garage, as well as a deck off the kitchen and backyard gazebo!! Conveniently located in Marmora, close to all amenities and major centres (Belleville, Peterborough, Toronto, etc.) with the privacy of a cottage retreat, this property has everything an Investor is looking for. This property is a complete steal for the price with tons of potential!

We are selling our assignable purchase contract.

Closing is November 2nd, 2021
**As per our APS, the Buyer agrees to pay the Seller’s legal fees, up to $1,500 CAD, upon closing.**

PROPERTY FEATURES
  • 2 bedrooms
    • Master bedroom features 2 closets
    • Second bedroom will need flooring, and the walls will requires mud and tape as well as new paint
  • 1 full bathroom
  • Built in 1953
  • Above grade: 1220 sq ft (as per MPAC)
  • No basement or crawl space
    • There is a three foot opening in the floor in the bathroom in order to access the pipes (as per Seller)
  • Separate entrances:
    • Front door opens into the living room
    • Door in the kitchen leads into the mudroom
    • There are 2 doors in the mudroom; one leads out to the side of the property, and the other leads directly to the backyard
  • All appliances will be included, except for the refrigerator 
  • Flooring is a mix of carpet and laminate throughout (as per Seller)
  • Enclosed bar is entered from the dining room, and serves out to living room
  • Laundry room is located on the main floor, just off of the kitchen
  • 200 AMP breaker panel
  • Pellet stove located in the living room is 14-years-old and is the main source of heat (as per Seller)
    • Cost is around $800/year (as per Seller)
  • Bedrooms both have baseboard heating (as per Seller)
  • Electric baseboard panels are available at the property, and will need to be installed (as per Seller)
  • HWT is owned, and is believed to be around 10-years-old (as per Seller)
  • No AC
  • Windows are around 10 to 15 years-old (as per Seller)
  • Roof is metal, and will require repair
    • The Seller has purchased a new metal roof that will be staying on the property. It is already measured and cut, however it will just need to be installed (Buyer to verify)
  • Outdoor features:
    • Wooden deck with attached gazebo
      • Deck will require repair or removal (as per Seller)
    • Annuals and perennial gardens
    • Large vegetable garden
  • Drilled well
    • Pump was replaced in 2020 (as per Seller)
    • 360 ft deep (as per Seller)
  • Weeping bed is located in the backyard, and is covered by gardens (as per Seller)
  • New sledge pump is located outside, underneath the bathroom window (as per Seller)
  • Septic was last emptied 11-months-ago (as per Seller)
  • Detached, 2-car garage was built in 1999 (600 sq ft, as per MPAC)
    • Side door entrance
    • Ample upstairs storage
    • Garage has it’s own sub-panel, however the exact amperage is unknown (Buyer to verify)
    • Roof on the garage will likely need to be updated (as per Seller)
  • Parking for 6+ vehicles in driveway
  • Lot size: 66 ft x 214.5 ft (as per MPAC)
  • Zoning: RU (as per MPAC)

PROPERTY NEEDS

  • Cosmetic updating
  • Update roof

 

Please click HERE for more pictures and information.

Price:
$250,000
Address:
Roscoe St & Old Norwood Rd
Marmora, ON
Square Feet:
1220
Lot Size:
66 ft x 214.5 ft
Bedrooms:
2
Bathrooms:
1
Terms:
Assignment of Contract
Property Type:
Home
Year Built:
1953
Basement:
N/A

Call (647) 400-2093 for more details

Property Location