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, private balconies, and parking lot are available for review. Buy now for steady cash flow with development potential. Contact your favorite agent for more details! (id:51532)
| Property Summary |
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| Building |
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| Land |
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| Level | Rooms | Dimensions |
|---|---|---|
| Basement | Bedroom | 1 ft x 1 ft |
| Laundry room | Measurements not available | |
| Main level | Foyer | 1 ft x 1 ft |
| Kitchen | 1 ft x 1 ft | |
| Living room | 1 ft x 1 ft | |
| Bedroom | 1 ft x 1 ft | |
| 4pc Bathroom | Measurements not available |
| Features | |||||
|---|---|---|---|---|---|
| Corner Site | Lane | None | |||
| Parking Space(s)(3) | Refrigerator | Stove | |||