Unlock incredible value with this 3-bedroom, 1-bathroom ranch-style home, privately situated on a 0.26-acre lot in the desirable Waverly school district. Located at 85 Rotary Road Ext, this property represents a phenomenal investment opportunity, having appreciated over 300% since its last sale in 2021. With an estimated rental income of over $2,000 per month and exceptionally low annual property taxes of just $314, the numbers speak for themselves.
The 1,577 sq. ft. home features a solid structure and a good roof, offering a fantastic foundation for your vision. The interior is ready for minor cosmetic updates to the kitchen and bathroom to truly make it shine. This is the perfect project for an investor looking for a high-return rental or a homeowner ready to build instant equity.
Enjoy the peace and quiet of a rural setting with private water and sewer, eliminating municipal utility bills. The property is surrounded by mature trees, offering a serene and secluded atmosphere. This is more than just a house; it's a smart financial move into a property with proven growth and outstanding potential.
Key Features:
•Massive Equity Potential: Incredible 300%+ value appreciation since 2021.
•Strong Rental Income: Estimated rental potential of over $2,000/month.
•Extremely Low Taxes: Annual property taxes are only $314.
•Private Setting: 0.26-acre lot with wooded surroundings.
•Solid Bones: 1,577 sq. ft. ranch with a good roof, needing only minor cosmetic updates.
•Waverly School District: Access to a well-regarded school system.
•No Utility Bills: Private well and septic system for water and septic for maximum savings.
For sale by owner
$28,200
85 Rotary Road Ext, Chemung, NY 14825
3beds
1,577sqft
SingleFamily
Built in 1970
0.5 Acres Lot
$-- Zestimate®
$18/sqft
$-- HOA
What's special
Ranch style houseSide patioLarge enclosed porch
- 1 day |
- 108 |
- 7 |
- Loading