Detached Bungalow In Cavan - Monaghan!

Detached bungalow
4 + 2 bedrooms
4 bathrooms
- 3 full
  - 1 in basement apartment
- 1 powder
2153 sqft above grade
2153 sqft below grade
Basement is finished
- Split in half. One half is a rec room, and other half is a finished apartment with separate entrance providing rental potential
- 8ft ceiling height
Attached 2 car garage
- There is also a Detached 3 car garage on the property as well
Electrical is on breaker
- 2 panels
- Copper wiring
Built in 1990
The propane tank is rented
- To be assumed by buyer
Wood fireplace beside kitchen in sunroom
The furnace is owned
- 5 years old
HWT is Rented
- 5 years old
- To be assumed by buyer
A/C is owned
- Older unit exact age unknown
- Requires replacement
Roof is older
- Ongoing leak coming in from sunroom beside kitchen
- Affects main floor room near kitchen and dripping into the basement which has been cleared of any foundation cracks or issues
Most windows updated 2 years ago
Appliances included:
- 2 fridges, 2 stoves, 2 dishwashers, firewood
Fixtures excluded:
- Tvs and tv mounts
Lot size is 250 ft x 1000 ft (irregular)
- Just under 6 acres
Property taxes are about $4838
Water source is well water
Wastewater is on septic
- Inspected last year
NL zoning

Cosmetic renovation
Update roof to resolve leak
Update A/C
The seller has the option to leave junk behind so we would recommend budgeting for junk removal

We are selling our assignable purchase contract for this excellent FIX and FLIP or Rental opportunity.

Wholesale Price: $824,999 or Best Offer
We believe that this property is worth $925,000 as-is on the MLS
We believe that after the recommended renovations are completed, this property should be worth at least $1,200,000 on the MLS.
Purchase today for $100K BELOW MARKET VALUE

39 Deer Avenue sold for $1,100,000 in February 2025. This comparable detached bungalow has a 3 bedroom, 2-bathroom layout, with one less main bedroom, two less basement bedrooms, and one less bathroom than the subject property. The comparable property has a smaller 1500 – 2000 sqft footprint and sits on a much smaller 150 ft x 281 ft lot. The comparable is dated throughout however it is in better shape as it’s a 2010 build. Additionally, the comparable property has a larger workshop than the subject property. We believe that in its current condition, after adjustments, the subject property would sell for a price of around $925,000 on the MLS!

41 Beers Road sold in June 2024 for $1,026,000 after only 17 days on the market. This detached bungalow property consists of 3+1 bedrooms, 3 bathrooms and, according to the listing, is approximately 2000 – 2500 sqft above grade. The property sits on a smaller lot (376ft x 204ft). Unlike the subject property, the comparable property has no detached workshop. The comparable property is more dated throughout and has a basement apartment. We believe that in its current condition, taking into account adjustments, the subject property would sell for a price of around $925,000 on the MLS!

1461 Sunset Drive sold for $1,245,000 in January 2025.
This comparable detached bungalow property has a 3 bedroom, 3 bathroom layout, which lacks a main bedroom and basement bedrooms in comparison to the subject property. The comparable property has a smaller footprint of 1978 sqft of living space and sits on a smaller 4.5 acre lot. The comparable property has had some updates throughout but does not have a basement apartment. With the appropriate adjustments made, we believe that after the recommended renovations are completed, the subject property would sell for a price around $1,200,000 on the MLS!

Detached Bungalow In Cavan – Monaghan! Available