This Cape Cod-style detached home in Bealls Addition presents a prime investment opportunity, especially with a major renovation slated for 2026. Built in 1940, the property boasts a solid stone construction and a spacious layout with 1,260 finished square feet, featuring four bedrooms and two full bathrooms. The English basement offers potential for additional living space or rental income, enhancing the property's value. A cozy fireplace adds charm and warmth, making it an attractive option for future tenants or buyers. The off-street parking and driveway provide convenience, while the 0.17-acre lot allows for outdoor activities or potential landscaping enhancements. Investors will appreciate the anticipated appreciation in value post-renovation, as modern updates can significantly increase rental yields and resale potential. The absence of a pool reduces maintenance costs, making it a low-overhead investment. With no association fees or restrictive amenities, this property offers flexibility for customization and tenant appeal. The strategic location in a desirable neighborhood further enhances its investment potential. This is an excellent opportunity to capitalize on a property with strong fundamentals and future growth prospects.
Listing courtesy of Terrapin Realtors, Inc. Contact: (301) 355-5000