Are you searching for an income-producing property with potential for expansion and over a million dollars in additional return on your investment? Look no further! This property is updated and easily rented with three rental incomes possible, along with an ATTACHED BUILDABLE LOT on the back of the property that is zoned multi-family and can be developed with a strong $1.2M NOI on the back lot alone! This is NOT just a charming home. It is a rare opportunity to own a piece of history that has been lovingly updated and restored while also adding the creature comforts now found during the time the home was built. A/C, Heatpump with sanitizing system, whole house water filtration, solar which will be paid off by seller at closing, EV charging plug, new paint inside and outside, new deck on porch, newer electrical, plumbing and metal roof too. Adorned with lovely fruit trees and a pavered patio with brick barbeque and metal roof. Really nice property that deserves to be noticed!
Financial Considerations
Price:
$699,900
HOA Fee:
N/A
Tax Amount:
$3242
Price per SqFt:
$249.96
Tax Legal Description:
SULPHUR SPRINGS LOTS 4 AND 5 INCL AND CLOSED ALLEY ABUTTING SAID LOTS BLOCK 51
Exterior Features
Lot Size:
10000
Lot Features:
Corner Lot, City Limits, Level, Near Public Transit, Oversized Lot, Private, Paved, Unincorporated
Waterfront:
No
Parking Spaces:
N/A
Parking:
Covered, Driveway, Electric Vehicle Charging Station(s), Garage Door Opener, Garage Faces Side, Ground Level, Guest, Off Street, Open, Parking Pad, RV Access/Parking, Workshop in Garage
Roof:
Metal
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
6
Bathrooms:
7
Heating:
Central, Electric, Heat Pump
Cooling:
Central Air
Appliances:
Convection Oven, Dryer, Electric Water Heater, Exhaust Fan, Ice Maker, Microwave, Range, Refrigerator, Washer, Water Filtration System