Descripation

All brick bungalow built in 1980 on an oversize in-town lot measuring approx. 60ft x 180ft. The home suffered an electrical fire in the lower back right of the basement causing significant smoke damage & some structural damage to the floor system between the basement & the main floor on the right, back side of the house. The majority of home appears to be structurally sound but Buyers to do their due diligence. Newer windows were recently installed & the concrete block foundation appears intact. Renovation options include: 1. restructure where needed & rebuild (will likely involve removing smoke-damaged drywall), 2. tear the house down to the foundation & build new, or 3. tear down home completely & start with brand new. The large lot allows for many larger home designs including a home with an attached or detached garage (Buyer to check with the municipality regarding permits). The current home layout offers 3 bedrooms on the main floor & a full 4 piece bathroom. Living room is located at the front of the house with a bay window, while the kitchen & dining area are at the back. A door between the upper & lower levels lead to a larger rear deck & back entrance offers potential for an in-law suite on the lower level. The lower level features a large recreation room running the entire width of the house, a den/office, a second bathroom (3piece) & a co-located laundry & utility room. Natural gas runs to the property as well as municipal water & sewer, despite the lot being over 0.25 acres (all services have been disconnected from the property). Visitors must be accompanied by a licensed realtor & use extreme caution when viewing the home. Located in the heart of Colborne in Northumberland County with close proximity to Highway 401 for commuters. Colborne is home of THE BIG APPLE restaurant & petting zoo, plus offers easy access to great waterfront & beaches to the South. Great potential to acquire a fixer upper for land value & generate some sweat equity.