471 Broadwater Road, Arnold, MD 21012

$600,000
: 2
BD
: 2
BA
: 1,175
SqFt

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Sold Price: $600,000
List Price: $549,900
Closing Date: Oct 09, 2023
Days on Market: 5
Status: CLOSED
MLS#: MDAA2068384
Bedrooms: 2
Bathrooms: 2
Full Baths: 2
Living Area: 1,175
Lot Size (Acres): 0.46
Style: Cape Cod
Year Built: 1955
County: Anne Arundel
School District: Anne Arundel County Public Schools

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Property Description

OPPORTUNITY AWAITS! This adorable LONGVIEW ON THE MAGOTHY cape cod is ready for someone to come in and breathe new life into its walls! Located on nearly one half acre on the headwaters of Cool Spring Cove which feeds into the Magothy River --- this property has so much potential and so much to offer! Please see the PIER EASEMENT AGREEMENT governing access and restrictions as it pertains to the private pier. The listing is also comprised of 2 Tax ID's totaling the approx. 0.46 acres. The value is mostly in the land, the home is in need of major rehab and updating with evidence of a moisture issue in the basement. The upper level attic space could easily be converted into 2 large bedrooms and the hardwood floors do extend under the remaining carpet on the main level. The possibilities are endless inside and out to turn this into an HGTV worthy cottage on the water! Please do not view the property without an appointment. Longview on the Magothy offers a community beach and boat ramp for $100/year (just $50/year for beach-only access). Property is being sold strictly AS-IS. CASH OR REHAB FINANCING ONLY. WILL NOT PASS FOR CONVENTIONAL FINANCING.

443-988-0114

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