Description
Large single family colonial 4 bedroom home spread over three floors w/ 1.5 baths and a full unfinished basement. The first floor features a separate living/ dining room, enclosed porch and kitchen overlooking the garden. The second floor consists of 4 bedrooms with access to a large walk up attic room. A great opportunity to maximize the current floor plan to create additional living or income producing space by finishing the basement and adding a full bathroom. The home needs some TLC, updates, repairs and once renovated will be valued in the region of $450to500K. Great floor plan to convert into a multi family with a 2 bedroom apartment on the first floor and a 3 bedroom duplex on the 2nd and 3rd floor with appropriate city approvals and permits. The estimated value for a fully renovated multifamily will be in the region of $530to580K generating a rental income of $5000to$5500 pcm+.
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6BEDS
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N/AACRES
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1BATHS
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11/2 BATHS
School Ratings & Info
Description
Large single family colonial 4 bedroom home spread over three floors w/ 1.5 baths and a full unfinished basement. The first floor features a separate living/ dining room, enclosed porch and kitchen overlooking the garden. The second floor consists of 4 bedrooms with access to a large walk up attic room. A great opportunity to maximize the current floor plan to create additional living or income producing space by finishing the basement and adding a full bathroom. The home needs some TLC, updates, repairs and once renovated will be valued in the region of $450to500K. Great floor plan to convert into a multi family with a 2 bedroom apartment on the first floor and a 3 bedroom duplex on the 2nd and 3rd floor with appropriate city approvals and permits. The estimated value for a fully renovated multifamily will be in the region of $530to580K generating a rental income of $5000to$5500 pcm+.
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