Active

$950,000

Features:
  • Bedrooms
  • 0 Bathrooms
  • sq ft
Overview
  • ID: MFRTB8354197
  • Bedrooms:
  • Bathrooms: 0
  • Size: sq ft
Property Details
Remarks
Charming Triplex with Prime Redevelopment Potential – 2603-2607 Marconi St. Discover an exceptional investment opportunity at 2603-2607 Marconi Street. This versatile property features a well-maintained triplex alongside a spacious vacant lot, presenting multiple avenues for lucrative returns. Whether you are looking to expand your rental portfolio, embark on a redevelopment project, or both, this offering is primed for success. Triplex Configuration: Three well-appointed units, each designed for comfort and convenience. Ideal for generating steady rental income. Adjacent Vacant Land: Expansive lot perfect for additional development, providing endless possibilities for creative real estate ventures. Total land size is 15,890 sf (168' X 95'). Prime Location: Situated in a thriving neighborhood with easy access to key amenities, public transport, and vibrant community life. Redevelopment Opportunity: The combined lot size opens the door to significant redevelopment potential. Envision a modern multi-family complex, upscale townhomes, or a mixed-use development – the choice is yours. Asking Price: $950,000 Zoning: Zoned RM-16, this portfolio is suitable for various redevelopment options (subject to local zoning regulations). Benefit from the area's ongoing development and increasing property values. Whether you aim to enhance the existing triplex, develop the vacant land, or undertake a comprehensive redevelopment, this property offers unmatched flexibility. Enjoy the blend of urban amenities and suburban tranquility that makes this location highly desirable. Don't miss out on this rare opportunity to secure a high-potential property in a prime location. Contact us today to arrange a viewing and explore the endless possibilities that 2603-2607 Marconi Street has to offer.
Financial Considerations
Price:
$950,000
HOA Fee:
N/A
Tax Amount:
$3872.65
Price per SqFt:
$445.8
Tax Legal Description:
VICENTE GUERRA LOTS 8 9 AND 10 BLOCK 15
Exterior Features
Lot Size:
15960
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
N/A
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
Bathrooms:
0
Heating:
N/A
Cooling:
Central Air
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
Multi-Family
Style:
N/A
Year Built:
1954
Construction Type:
Block
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
North
Pets Allowed:
No
Special Condition:
None
Additional Features:
N/A
Additional Features 2:
N/A
Map
  • Address
    2603-2607 MARCONI ST
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