The assumable mortgage is a standout feature for qualified buyers and may provide a significant financing advantage. Buyers must meet lender requirements and obtain approval for the loan assumption. Great opportunity in Chesapeake Ranch Estates! This 2BR/1BA rancher offers one-level living, a bonus room/sunroom off the kitchen, new A/C, and a new water heater. The electrified shed is ideal for a workshop, hobbies, or extra storage. Home needs some TLC and is being sold AS IS. Bring your vision and make this home your own!