Description
Attention develpers -this is a prime value-add GREYSTONE opportunity with substantial upside. This oversized building is currently configured as a 2-unit property duplexed to the basement. The property features a total of 9 bedrooms and 3 bathrooms, providing an ideal layout for maximizing rental income once completed with ARV easily in the $400k range. Major progress has already been made, including: Framing completed, Partial plumbing, electrical, and ductwork installed. The true value lies in its flexibility and income potential: Convert to a 3-unit to significantly increase cash flow and overall valuation. Once completed, the property has the potential to generate substantial monthly rental income of over $5k per month, making it an excellent candidate for a long-term hold or profitable resale. Property is being sold as-is. Bring your vision and unlock the full potential of this high-yield asset.
- Residential Income
Property Type
- 9
Bedrooms
- 3
Bathrooms
- 1906
Year Built
Property Documents
Property Overview
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Property ID 12677859
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Price $149,900
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Bedrooms 9
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Bathrooms 3
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Garage Size x x
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Year Built 1906
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Property Status Canceled
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Property Type Residential Income
Energy Ratings
Top amenities
Layout Details
Estimate Payments
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Down Payment
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Loan Amount
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Monthly Mortgage Payment
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Property Tax
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Home Insurance
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PMI
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Monthly HOA Fees
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