Listing Description
Investor Special — Prime Opportunity in Rapidly Revitalizing Area!
Excellent opportunity for investors looking for a true diamond in the rough. Property offers multiple exit strategies: full renovation, expansion, new build, or tear-down and rebuild. Tax information is not accurate—lot size appears to be nearly 0.4 acres, and the home’s footprint is estimated to be well over 1,100 sq ft, possibly closer to 2,000 sq ft. Buyer to verify all measurements.
The neighborhood is experiencing significant redevelopment. A home directly across the street sold for $540,000 in 2022. Two renovated homes on Ave M are now income-producing rentals, and two additional homes nearby are currently under renovation. Strong comps and active revitalization make this an ideal project for those looking to turn rags into riches.
Property is being sold as-is. Endless potential in a high-growth area.