Four-Family in good condition with Expansion Potential
This brick semi-attached four-family home offers a fantastic investment opportunity. Featuring two spacious two-bedroom, one-bath units and two three-bedroom, one-bath units, this property provides comfortable living spaces for its residents. Property is selling with paying tenants.
Key Features:
* Renovated: New floors throughout and new boiler all in good condition.
* Zoned R7: Ideal for developers and future expansion possibilities.
* Building Size: 20 x 81 feet.
* Unused Floor Area Ratio: 5,400 - significant potential for expansion.
* Four Units: Provides consistent rental income with room for improvement to maximize.
Investment Highlights:
* Strong Rental Demand: High occupancy potential due to the desirable unit sizes.
* Development Potential: The R7 zoning and unused floor area ratio allow for potential expansion and increased revenue.
* Prime Location: close to all including transportation and shopping.
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