SOLD AS-IS WITH VERY MOTIVATED SELLER!!! Interested?? Make an offer! You can own a piece of Chincoteague history. This is the first floor of the old Church Street 2-story high school! Unique income-producing multi-unit investment property on a quiet street. Floor plan completely changed to produce three 2-bedroom units each with 1 bathroom and kitchen/living area combo. Two units also have an office/extra space. All had new central HVAC systems installed in 2017, drywall, refrigerators, propane ranges, propane on-demand water heaters, fixtures, ceiling fans (all bedrooms & living areas), vanities, showers, full-size washer/dryer hook-ups and much more! Drop ceilings were removed in the entire property and new drywall was installed to reveal beautiful high ceilings. Large dying trees removed on the entire property leaving an easy to maintain lot. BRAND NEW drain field installed June 2018! A LOT has already been done but waiting on the right owner to finish it off. Option to live in one and rent out the other two units to pay your mortgage OR market the property as vacation rentals to maximize your investment! Potential long-term monthly rent of $2400+. Potential vacation/short-term monthly rent of $3500-6000+ during peak season. Willing to negotiate with buyer's agents up to a 2% commission. Owner is selling to pursue other interests and willing to entertain all offers but please only contact with serious inquiries. *Sorry, rent/lease-to-own and owner financing options are NOT available.* Email: nhoffman@chincoteaguerentals.info or call 717-329-0706 to schedule your viewing appointment today!
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