Attention investors, builders, 1031 traders, or smart Home Buyers searching for property that can offer flexibility and options for profit. Buy 2 lots and get the house for free! If you are moving to the area, and seek a temporary home with the potential for profit, this is an ideal situation. The spec home immediately adjoining, 36 Bridge sold in 2019 for $1,259,000. The 36 Bridge lot sold in 2017 for $500K. Another home, 20 Bridge sold for $1,699,999 in August 2018. This listing is composed of 2 divided lots and includes a habitable -- but dated -- 3 Bedroom, 2 Bathroom ranch on 2 lots! For investors, this home is economically obsolete in terms of comparable large SFR's adjoining. Still, as a perfectly viable charming ranch, it offers the option to get better lending terms and a 30 year loan than 2 raw lots. May even be desirable to occupy and raise a family. Sell the adjoining lot and pay off some of your purchase price. In sum, lots of options.
Date | Event | Price | $/Sqft | Source |
---|---|---|---|---|
Listing Removed For Sale | $975,000 | $418 | Keller Williams Realty | |
Listed For Sale | $975,000 | $418 | Keller Williams Realty |
Elementary School Saugatuck Elementary School | 0.8 miles away | KG - 05 | |
Elementary School King's Highway Elementary School | 1.1 miles away | KG - 05 | |
Elementary School Green's Farms School | 2.2 miles away | KG - 05 |