This investment property offers immediate income and big potential. Currently, a tenant-occupied 2-bed house generates $1,350/month on a 50’ x 140’ lot. Included in the $410,000 price is the adjacent 37.5’ x 140’ lot, providing a total of 87.5’ x 140’ of prime land with RM3 zoning. Plans for a 12-unit luxury rental complex, featuring upscale 2-bed/1-bath units, in-suite laundry, and private balconies, are available for review. Buy now for steady cash flow with development potential. Contact your favorite agent for more details! (id:47421)
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Detailed Information
Bedrooms
2
Bathrooms
1
Lot
50 x 0 ft
Features
Corner Site, Lane
Listing Contract Date
2024-11-12
Ownership Type
Freehold
Property Type
Single Family
Transaction Type
For sale
Building
Appliances
Washer, Refrigerator, Dryer, Stove
Architectural Style
Bungalow
Basement Development
Finished
Basement Type
Full (Finished)
Constructed Date
1946
Heating Fuel
Natural gas
Heating Type
Forced air
Stories Total
1
Type
House
Rooms
Room
Level
Dimensions
Notes
Bedroom
Basement
1 ft x 1 ft
Laundry room
Basement
Measurements not available
Foyer
Main level
1 ft x 1 ft
Kitchen
Main level
1 ft x 1 ft
Living room
Main level
1 ft x 1 ft
Bedroom
Main level
1 ft x 1 ft
4pc Bathroom
Main level
Measurements not available
Parking Spaces
Name
Spaces
None
Parking Space(s)
3
Land
Total Size
7000 square feet
Fence Type
Partially fenced
Size of Irregular Land
7000.00
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