Description
Excellent investment opportunity to acquire a non-conforming 5-unit rowhome with significant potential for an investor ready to complete the renovation and maximize the property’s income-producing potential. Renovations have already been started, providing a head start for a buyer looking to finish the project and bring the property to its full potential. The existing layout consists of two efficiency units and three 1-bedroom units, offering a diverse unit mix well-suited for rental demand. The property is currently zoned as a single-family residence and is being marketed in its existing non-conforming configuration; buyers should verify zoning, licensing, occupancy requirements, and the ability to maintain or reestablish the existing unit configuration with the appropriate authorities. With ongoing renovations and redevelopment activity throughout the surrounding area, this property presents an attractive opportunity to acquire, renovate, stabilize, and add a multi-unit asset to an investment portfolio. Sold As-Is!
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6BEDS
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N/AACRES
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5BATHS
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01/2 BATHS
Description
Excellent investment opportunity to acquire a non-conforming 5-unit rowhome with significant potential for an investor ready to complete the renovation and maximize the property’s income-producing potential. Renovations have already been started, providing a head start for a buyer looking to finish the project and bring the property to its full potential. The existing layout consists of two efficiency units and three 1-bedroom units, offering a diverse unit mix well-suited for rental demand. The property is currently zoned as a single-family residence and is being marketed in its existing non-conforming configuration; buyers should verify zoning, licensing, occupancy requirements, and the ability to maintain or reestablish the existing unit configuration with the appropriate authorities. With ongoing renovations and redevelopment activity throughout the surrounding area, this property presents an attractive opportunity to acquire, renovate, stabilize, and add a multi-unit asset to an investment portfolio. Sold As-Is!
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