WATERVIEWS! Here's your new vacation house or year-round residence. The home has a large 12'x 24' screened porch where you can enjoy views of the marina and Lingo Cove, which goes out to the Rehoboth Bay. Updated flooring in the main living areas. Living room opens to the eat-in kitchen. Main bedroom has its own bath. The other two bedrooms share the second full bath in the Hall. Laundry area with full-size, side-by-side washer & dryer. Oversized 12'x16' storage shed for your boating, fishing, crabbing, beach & lawn gear - there's another fridge in the shed for your "catch of the day" (and another one on the screened porch, too). Just 16 miles to Rehoboth when you want to visit the boardwalk. Seller is willing to include the 18' center-console Stamas boat with 150hp Yamaha outboard motor and trailer with the sale (As Is - boat needs a new gas tank & battery, but it was out on the water in 2019, so it is "seaworthy"). Annually-renewable leasehold interest: Lot Rent of $1,025/mt. Homeowner pays water, sewer, electric, LP gas & cable/Internet. Bay City requires an Application from the Buyer, with acceptance based on: 1)Income Verification; 2)Credit Bureau Score (including debt-to-income ratio); 3)Clean Criminal Background Check. Financing may be available to qualified borrowers from a few Lenders who specialize in chattel loans for manufactured homes on leased land (Note: If you need a loan, the Bank will require flood insurance, so you may need to pay for a Flood Cert. survey; flood coverage is optional for a cash Buyer). Closing costs include a 3.75% DMV Doc Fee and a fee to the Settlement Agent. (Note: Rentals are not permitted, but family and friends may always visit.)
Original Listing