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Huge 50k Price drop! Amazing Kenwood Location. NTM-1 Upside zoning! Investors this is a once in a lifetime deal! This is over a 7 Cap rate 849k based upon current rent, and almost an 8 on market rents! 3/2 House, 1/1 Mother-in-law Apartment and 2 BR cottage, shed, and 2 car garage. Rents can be $3k or more, with the other 2 at 1600 or more! While Market rent is even higher! House and mother-in-law is vacant intentionally. So many different options and so much upside for this investment. House and mother-in-law is able to be viewed, Developer? Yes, we can talk about your desire to build something amazing on this NTM-1 Zoned huge lot!
3 weeks ago | Listing updated with changes from the MLS® | |
3 weeks ago | Price changed to $849,000 | |
a year ago | Status changed to Active | |
a year ago | Listing first seen on site |
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