Active

$299,000

Features:
  • 3 Bedrooms
  • 3 Bathrooms
  • 1588 sq ft
Overview
  • ID: MFRO6391951
  • Bedrooms: 3
  • Bathrooms: 3
  • Size: 1588 sq ft
Property Details
Remarks
Schedule your showing today and explore the possibilities! Opportunities like this are rare! This single-family property is located in a high-visibility, prime corridor, offering unmatched flexibility, income potential, and long-term upside. This two-story, 2-bedroom, 2.5-bath home is ready for investors, renovators, or buyers looking to customize a space to fit their vision. A detached garage of approximately 700 sq ft provides valuable additional space for storage, a workshop, or future conversion. Located within the highly versatile Ridgewood Development zoning district, the property allows for residential, office, or retail use--creating multiple exit strategies and maximizing overall investment potential. Short-term rentals, including Airbnb, are permitted with no minimum night stay requirement, offering excellent cash-flow potential. No HOA and not located in a flood zone provide added peace of mind and potential insurance savings. Recent improvements include a new roof and electric service mast (October 2024), 9 new first-floor windows and a new front door (March 2025), along with foundation improvements completed by Alpha Foundations (January 2025), enhancing overall stability and value. Whether positioned as a short-term rental, long-term rental, live/work concept, business location, or fix-and-flip project, this property delivers flexibility that is increasingly hard to find in today's market. Call today for details or to schedule your private showing.
Financial Considerations
Price:
$299,000
HOA Fee:
N/A
Tax Amount:
$2830
Price per SqFt:
$188.29
Tax Legal Description:
LOT 7 & N 10 FT OF LOT 8 BLK 8 NORWOOD MB 5 PG 1 PER OR 5276 PG 3196 PER OR 5349 PG 1029 PER OR 5446 PG 0865 PER OR 5446 PG 0866 PER OR 5725 PG 4632 PER OR 6461 PG 0045 PER OR 6501 PG 3524 PER OR 7860 PG 0672 PER OR 8608 PG 1663 PER OR 8622 PG 1715
Exterior Features
Lot Size:
12001
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
3
Bathrooms:
3
Heating:
Central
Cooling:
Central Air
Appliances:
Dryer, Range, Refrigerator, Washer
Furnished:
Yes
Floor:
Carpet, Tile, Wood
Levels:
Two
Additional Features
Property Sub Type:
Single Family Residence
Style:
N/A
Year Built:
1920
Construction Type:
Frame, Wood Siding
Garage Spaces:
Yes
Covered Spaces:
N/A
Direction Faces:
East
Pets Allowed:
No
Special Condition:
None
Additional Features:
None
Additional Features 2:
N/A
Map
  • Address
    5108 S RIDGEWOOD AVE
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