Investor Special with Development Potential – Cape Cod Home on Level Lot with Commercial Opportunity
Full Property Description (English):
INVESTORS & DEVELOPERS – THIS IS YOUR CHANCE!
An incredible investment opportunity awaits with this 3-bedroom, 1-bath Cape Cod-style home situated on a flat, level lot in a prime location. Whether you’re looking to renovate for residential use or explore commercial possibilities, this property offers versatile potential for value-added development.
Property Highlights:
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3 Bedrooms, 1 Full Bath
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Frame-built Cape Cod design with charming potential
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Detached 2-car garage for parking or storage
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Partially fenced yard on a deep, level lot
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Adjacent to a well-trafficked commercial business (laundromat)
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Potential for residential rental, flip, or commercial conversion
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Flat terrain offers easy redevelopment options
Condition & Sale Terms:
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Property is being sold AS-IS, including all contents
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Ideal for rehab investors, builders, or small business owners
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Proof of funds required with all offers
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Buyer responsible for verifying square footage of the home and lot
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No repairs or warranties will be provided by the seller
Redevelopment Potential:
The lot’s layout and proximity to existing businesses make it an excellent candidate for residential rental, owner-occupied use, or commercial redevelopment. Whether you’re a seasoned investor or a first-time buyer with vision, this property’s location and zoning flexibility could unlock strong returns.
⏳ HUD Sale Conditions – Important Timeline:
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Property was previously financed through a HUD-insured loan, and therefore falls under HUD’s 30-day First Look Initiative
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For the first 30 days, only the following buyers may submit offers:
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Owner-Occupants
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Approved Nonprofit Organizations
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Governmental Entities
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Investor offers will only be considered after day 31 on the market
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Applicable first-look buyers must submit a Notice of Interest to qualify
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Eligible buyers will receive a 10-business-day due diligence period upon accepted offer
Offer Review Timeline:
Offers will not be reviewed until the property has been listed for 7 days to allow eligible buyers time to submit.
Key Investment Takeaways:
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Prime location with flexible use
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Deep, level lot ideal for expansion
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Excellent rental or resale potential
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Low entry cost for high-upside investors
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Perfect for hands-on renovators or business-minded developers
Don’t miss your opportunity to acquire a property with solid bones, in a growth-ready location, and with flexible usage potential. Whether you’re rehabbing for resale, holding for rental income, or building a new venture—this listing offers serious upside.
From Zillow