DEVELOPMENT OPPORTUNITY – 6,000 SF LOT | CURRENT RENTAL INCOMEExcellent opportunity to own a property situated on approximately 6,000 SF of land, currently featuring a rented single-family home generating $3,700 per month in rental income.The property offers both immediate rental income and significant future development potential. The adjacent 8,850 SF… Read More property, which includes a rented duplex generating approximately $5,800 per month, is also available for sale separately. Purchasing both properties would allow a buyer to assemble approximately 14,850 SF of contiguous land, creating an attractive opportunity for future development, subject to zoning and municipal approvals.Ideal for investors, developers, or builders looking to acquire a property with existing income while exploring the potential of a larger land assemblage.Property offered for sale separately. Adjacent 8,850 SF property also available separately. Buyer to independently verify zoning, land use, density, and development potential with the municipality. Read Less
Courtesy of Related General Realty, LLC. 305-932-6365
Listing Snapshot
Days Online
67
Last Updated
Property Type
Single Family Residence
Beds
2
Full Baths
1
Square Ft.
1,061
Lot Size
0.14 Acres
Year Built
1923
MLS Number
A12080496
Additional Details
Appliances & Equipment
Dishwasher, Dryer, Electric Range, Microwave, Oven, Refrigerator, Washer
Building
Built in 1923, Living area: 1061.0, Building faces North, 2 stories, Levels: Two, Entry level: 1, Construction Materials: Block
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