Property Information:
Attention All Investors & Developers!! You have two options with this property: (1) keep this as a cash flowing 4-plex investment property; or (2) apply to build 6 or 7 townhouses on this site. Amazing Opportunity To Own A Large Fully Tenanted 4-Plex On A Huge 142Ft X 132Ft Lot Steps To Historic Downtown Georgetown! This Is A Very Lucrative Opportunity With Excellent Income And Huge Development Potential!!Legal Non-Conforming Status. Separately Metered Hydro W/ Separate Entrance To Each Unit. Projected revenue of $100,800 per year. For Sale at a 5.19% Cap Rate. Property can be VACANT ON CLOSING. Contact the Listing Agent for the property's financial statements and more information regarding possible re-zoning & development of this property. **** EXTRAS **** Two furnaces, 1 unit is heated with electric baseboards. (id:27)
Building Features:
-
Style:
Multiplex
-
Building Type:
Fourplex
-
Basement Development:
Unfinished
-
Basement Type:
N/A
-
Exterior Finish:
Aluminum siding
-
Foundation Type:
Stone
-
Heating Type:
Forced air
-
Heating Fuel:
Natural gas
-
Appliances:
Dryer, Refrigerator, Stove
