RTI APPROVED!! Don't miss out on this exceptional investment opportunity! This lot is being sold with approved plans to build an approximately 2,600 sq ft of total living space triplex with garages/parking and a potential for a fourth 2+1 unit ADU. Spanning two floors, this spacious multi-family building offers three units with incredible income potential. The first floor features two separate units: a 2-bedroom, 1-bathroom unit spanning 787 sq ft and a 1-bedroom, 1-bathroom unit spanning 547 sq ft. These units provide comfortable and functional living spaces with an in-unit washer and dryer. The second floor presents a larger team with three bedrooms and three bathrooms, offering 1,266 sq ft of space. This unit provides additional room and luxurious amenities, making it an appealing choice for tenants seeking more space and upscale living. Located in a prime area, this property is a fantastic investment opportunity for seasoned investors and first-time buyers seeking a unique living arrangement. With multiple income streams from the three units, you can enjoy the potential for significant rental income. Don't delay! Take advantage of this opportunity to add a lucrative multi-family property. Schedule a showing today to explore this propertys immense potential for your investment goals. Don't miss out on this chance - go direct and seize the opportunity now!
RTI APPROVED!! Don't miss out on this exceptional investment opportunity! This lot is being sold with approved plans to build an approximately 2,600 sq ft of total living space triplex with garages/parking and a potential for a fourth 2+1 unit ADU. Spanning two floors, this spacious multi-family building offers three units with incredible income potential. The first floor features two separate units: a 2-bedroom, 1-bathroom unit spanning 787 sq ft and a 1-bedroom, 1-bathroom unit spanning 547 sq ft. These units provide comfortable and functional living spaces with an in-unit washer and dryer. The second floor presents a larger team with three bedrooms and three bathrooms, offering 1,266 sq ft of space. This unit provides additional room and luxurious amenities, making it an appealing choice for tenants seeking more space and upscale living. Located in a prime area, this property is a fantastic investment opportunity for seasoned investors and first-time buyers seeking a unique living arrangement. With multiple income streams from the three units, you can enjoy the potential for significant rental income. Don't delay! Take advantage of this opportunity to add a lucrative multi-family property. Schedule a showing today to explore this propertys immense potential for your investment goals. Don't miss out on this chance - go direct and seize the opportunity now!
Listing Type:
Exclusive Right (R)
Miscellaneous:
Value in Land
Directions:
Cross streets, Central Ave and Vernon Ave
View:
Neighborhood
Property Condition:
Repairs Major
Parcel Number:
5115033024
Cooling:
Central Forced Air
Utilities:
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Listed by Frank Shamoo of Innovate Realty, Inc.
and Suzanne Abolhosseini of Team Z Realty
Data was last updated November 28, 2023 at 09:10 PM (UTC)
Area Statistics
Listings on market:
47,664
Avg list price:
$649,000
Min list price:
$2,800
Max list price:
$69,800,000
Avg days on market:
99
Min days on market:
1
Max days on market:
8,651
Avg price per sq.ft.:
$405.24
These statistics are generated based on the current listing's property type
and located in
OTHER. Average values are
derived using median calculations.