1,110 sqft
Heat Pump
Baseboard Heaters, Heat Pump
$225,000
Strong opportunity for investors, builders, or buyers looking for an affordable entry point in a growing area. This property offers immediate flexibility with long-term upside. Currently set up to provide functional living space, it also sits on zoning that allows for future higher-density redevelopment, including the potential for a larger multi-unit building. For the right buyer, this creates a clear path to force appreciation through repositioning, redevelopment, or long-term land assembly strategy. The existing structure also gives buyers options. It can continue to be used as-is, improved for rental purposes, or easily converted back into a single-family home for someone looking to enter the area at an attractive price point. Whether the goal is cash flow, future development, or securing land in a strategic location before values continue to move, this property offers multiple exit strategies and strong upside potential. Best use angles: Buy and hold rental Convert back to single-family Renovate and improve value Redevelop into a larger multi-unit building, subject to approvals Land bank for future density A practical acquisition for buyers focused on flexibility, zoning upside, and long-term value creation. (id:63476)
Property Details
|
MLS® Number |
NB142937 |
|
Property Type |
Multi-family |
Building
|
Appliances |
Refrigerator, Stove, Dishwasher |
|
Basement Type |
Crawl Space |
|
Cooling Type |
Heat Pump |
|
Exterior Finish |
Vinyl |
|
Flooring Type |
Vinyl |
|
Foundation Type |
Concrete |
|
Heating Fuel |
Electric |
|
Heating Type |
Baseboard Heaters, Heat Pump |
|
Stories Total |
2 |
|
Size Interior |
1,110 Sqft |
|
Total Finished Area |
1110 Sqft |
|
Type |
Duplex |
|
Utility Water |
Drilled Well |
Land
|
Acreage |
No |
|
Sewer |
Municipal Sewage System |
|
Size Irregular |
750 |
|
Size Total |
750 M2 |
|
Size Total Text |
750 M2 |