Unique two-family opportunity offering immediate income and future redevelopment potential. The existing up/down two-family features 4 bedrooms, 2 baths and approximately 1,909 SF, plus basement and garage. Ideal for an investor, owner-occupant and or developer. The upper unit is currently rented at $3,000/month on a month-to-month basis, while the first-floor unit was previously rented for $2,650/month, offering potential gross annual income of $67,800. Situated on approximately .12 acres in the R-6 zone with public water and sewer. Potential redevelopment opportunity for a new side-by-side two-family residence, subject to zoning, Town approvals and buyer due diligence. An opportunity to generate income today while exploring the property's longer-term potential.
Listing courtesy of Mike Parelli from Mike Parelli Real Estate LLC.
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