Description
Discover your ideal abode on this expansive lot nestled in one of the most coveted locales. Rarely do parcels of this magnitude surface. This property, a corner jewel, currently hosts a tenant who contributes $3,300 monthly, totaling $39,600 annually. Their lease extends until July 2025, ensuring stability. Your options abound: You can buy this as is with a tenant or construct a brand new single-family residence spanning three levels with a 2-car garage, or explore the potential for (4) 2-bedroom units, promising a lucrative $16,000 monthly income as a rental asset. Brand new homes can sell for $2,500,000"$2,900,000.Envision your masterpiece; the seller is open to financing for the right developer. Seize this chance " your dream awaits.For the right price offer 60-90day notice for tenants is possible.
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3BEDS
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0.33ACRES
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2BATHS
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01/2 BATHS
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1,655SQFT
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$785$/SQFT
School Information
Description
Discover your ideal abode on this expansive lot nestled in one of the most coveted locales. Rarely do parcels of this magnitude surface. This property, a corner jewel, currently hosts a tenant who contributes $3,300 monthly, totaling $39,600 annually. Their lease extends until July 2025, ensuring stability. Your options abound: You can buy this as is with a tenant or construct a brand new single-family residence spanning three levels with a 2-car garage, or explore the potential for (4) 2-bedroom units, promising a lucrative $16,000 monthly income as a rental asset. Brand new homes can sell for $2,500,000"$2,900,000.Envision your masterpiece; the seller is open to financing for the right developer. Seize this chance " your dream awaits.For the right price offer 60-90day notice for tenants is possible.
©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Dart Homes | Long & Foster. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-09-12T23:51:21.42.