Are you looking for a robust investment opportunity with versatility to match your portfolio needs? Consider this exceptional property.
This well-maintained asset has been recently updated with new windows, boiler, upgraded stairs and decking, fresh paint, landscaping, resurfaced front porches, and reconfigured parking. It also includes a fully insulated 12’x15’ accessory dwelling unit (ADU) equipped with hydro, with water/plumbing permits on the way and expected to be finalized before closing.
The property has potential for heritage designation, appealing to those with an interest in preserving character real estate. Additionally, it offers an option to be restored to a side-by-side executive duplex, blending seamlessly with the distinguished homes in this affluent neighborhood.
Currently generating a gross income of $126,780 across its six units, this property has appreciated significantly—purchased at $1.52M and now appraised at over $1.9M. It also qualifies for an MLI Select mortgage, making it an appealing addition to your investment strategy.
Full financials available upon request.More details
Listed by RE/MAX GARDEN CITY REALTY INC, BROKERAGE
TWO - TWO - TWO HOMES IN ONE! ON 1+ ACRE WITH TOWN WATER AND GAS. 2 SEPARATE 100 AMP HYDRO METERS. GREAT IN-LAW, B&B, 2 FAMILY OR INCOME PROPERTY IN JORDAN STATION. HIGH TRAFFIC VISIBILITY FOR ADVERTISING ANY BUSINESS. ONE SIDE UPDATED AND VACANT WITH MAIN FLOOR, LARGE MASTER BEDROOM. 2 BEDROOMS UP. 4 PC & 3 PC BATHS, MAIN FLOOR LAUNDRY, OVERSIZED EAT IN KITCHEN. LIVING ROOM AND FAMILY ROOM WITH VAULTED CEILING, IN-FLOOR HEAT AND GAS FIREPLACE. OTHER SIDE IS PRESENTLY TENANTED, LIVING RM, EAT IN KITCHEN, 4 PC BATH, 3 BEDROOM2 . 2 NEW HOT WATER TANKS OWNED, NEWER HOT WATER GAS BOILER SYSTEM, STEEL ROOF. FULL LOW BASEMENT GREAT FOR STORAGE/MECHANICAL, 2 NEW SUMP PUMPS. ONE CONCRETE PATIO AND 2ND COVERED CONCRETE PATIO, CONCRETE WALKWAYS, 2 DRIVEWAY ENTRANCES, MATURE TREES. GREAT PROPERTY FOR A GARDENER, LANDSCAPER, TRUCKER, HOME BUSINESS, ETC. EASILY PARK 20+ CARS. DETACHED SINGLE CAR GARAGE AND ROOM TO BUILD A GREAT WORKSHOP OR BUILDING.More details
Listed by RE/MAX GARDEN CITY REALTY INC, BROKERAGE
Four-plex, with major potential upside. 5 hydro meters. Ample parking spots. 5 bathrooms. New shingled roof 2021. All water heaters are owned. Apprx 3000+ sq ft of finished living space. Income from the billboard. Close proximity to former General Motor Lands. Close proximity to proposed large condominium site on Pleasant avenue. Bachelor. Two 1 bedrooms+dens. One 2 bedroom + den with a finished basement with living room and full bathroom, with entrance to the basement at the front of the house. Legal non confirming currently rented as 4 units, CITY RECOGNIZES BUILDING AS 5 UNITS.More details
Listed by RE/MAX GARDEN CITY REALTY INC, BROKERAGE