416 e cherry dr Magnolia, DE 19962

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416 E Cherry Dr, Magnolia, DE 19962

Price: $200,000
Address: 416 e cherry dr
City: Magnolia
State: DE
Zip: 19962
Amenities: Dishwasher,Washer Dryer
Bathrooms: 1
Fee: No
Provided By: Americanlisted

Description:

Excellent investment property that has been a rental for many years. Property sold AS-IS, condition will not qualify for FHA, VA or USDA financing without repairs and Seller will not make any repairs. There are 3 reasonably sized bedrooms, a nice living room with bay window, dining room and kitchen. 1 full bath and a full basement with a bilco door. Baseboard heat and 1 wall unit (new in 2018) cools the entire home. New Dishwasher in 2018, new washing machine in 2021, new kitchen flooring in 2021. This is a great income producing property that has recently been connected to county sewer. Current tenants in place have been given notice to vacate by 06/30/2023, but would love to stay! Current rent amount is 1200/month. Start earning on your investment right away!

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