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Key Details
Sold Price $340,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID KEYH6261253
Sold Date 11/03/23
Style Colonial
Bedrooms 4
Full Baths 2
HOA Y/N No
Originating Board onekey2
Rental Info No
Year Built 1912
Annual Tax Amount $9,920
Lot Size 7,405 Sqft
Acres 0.17
Property Sub-Type Duplex
Property Description
Calling All Handyman and Builders! A Golden Opportunity in Desirable Pearl River Neighborhood! Welcome to this exceptional 2-family property, a true diamond in the rough, located in the sought-after Pearl River neighborhood. This is the ultimate handyman or builder's special, offering tremendous potential for those looking to turn their vision into reality.
This legal 2-family home is in the midst of construction and eagerly awaits the right buyer to take the reins and complete the transformation. With approved plans in hand, you'll have the blueprint to finish two charming two-bedroom apartments. Imagine the beautiful rental income these units could generate, estimated close to $3,000 per unit. Plus, with a touch of creativity and ingenuity, there's even the possibility to extend each unit to boast four bedrooms, maximizing its earning potential!
For those who relish a project and have an eye for design, this is the golden opportunity you've been waiting for. Embrace the challenge and bring this property to its full glory, with a little TLC and your unique touch.
Key Features: Prime location in desirable Pearl River neighborhood. Legal 2-family property with approved plans. Potential rental income of around $3,000 per unit. Opportunity to expand to four bedrooms per unit, Attractive ARV (After Repair Value) estimated at $650,000
Act swiftly, as properties like this don't come around often. Seize the chance to make your mark on this hidden gem and realize its true potential.
Don't let this opportunity slip away!
Cash only sale. Additional Information: ParkingFeatures:2 Car Detached,
Location
State NY
County Rockland County
Interior
Heating Natural Gas, None
Cooling None
Fireplace No
Exterior
Parking Features Detached, Driveway
Utilities Available Trash Collection Public
Total Parking Spaces 2
Building
Sewer Public Sewer
Water Public
Structure Type Advanced Framing Technique,Vinyl Siding
Schools
Elementary Schools Franklin Avenue School
Middle Schools Pearl River High School
High Schools Pearl River High School
School District Pearl River
Others
Senior Community No
Special Listing Condition None
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Bought with Rodeo Realty Inc
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Valon Nikci
CEO & Principal Broker | License ID: 10991208180
CEO & Principal Broker License ID: 10991208180