Description
Unlimited Possibilities for income generation! Not just a 2-unit, 8-9 bedroom building.but a turn-key short/long term housing solution in a city that needs just that! Prime location at the edge of Burlingtons Downtown Transition neighborhood and gateway to the dynamic South End. One look at the CAP RATE will convince you that this property deserves a serious look. Architectural plans and thoughtful site improvements have expanded city approved parking on the over-sized lot. This has created exciting potential for further development, now or in the near future, depending on your needs. Make an appointment for a preview and let us show you what this very special opportunity is all about. Possibilities include: Traveling nurses or other un-housed workers, Short or longer term rentals, Airbnb, hostel, etc. Finished Basement /Studio is currently non-conforming, but could be a possible 3rd unit. ***Make sure to click link for VIRTUAL TOUR ******Please see DOCUMENTS section for access to downloadable PDF containing much relevant information including: Development Possibilities, Architects Renderings, Site improvements, Permits info, and much more!
-
8BEDS
-
0.19ACRES
-
2BATHS
-
01/2 BATHS
-
3,394SQFT
-
$221$/SQFT
Description
Unlimited Possibilities for income generation! Not just a 2-unit, 8-9 bedroom building.but a turn-key short/long term housing solution in a city that needs just that! Prime location at the edge of Burlingtons Downtown Transition neighborhood and gateway to the dynamic South End. One look at the CAP RATE will convince you that this property deserves a serious look. Architectural plans and thoughtful site improvements have expanded city approved parking on the over-sized lot. This has created exciting potential for further development, now or in the near future, depending on your needs. Make an appointment for a preview and let us show you what this very special opportunity is all about. Possibilities include: Traveling nurses or other un-housed workers, Short or longer term rentals, Airbnb, hostel, etc. Finished Basement /Studio is currently non-conforming, but could be a possible 3rd unit. ***Make sure to click link for VIRTUAL TOUR ******Please see DOCUMENTS section for access to downloadable PDF containing much relevant information including: Development Possibilities, Architects Renderings, Site improvements, Permits info, and much more!
© Copyright 2023 PrimeMLS. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2023-06-06T21:05:44.32.
Courtesy of Shawn P. Nolan of Cannizzaro Real Estate: [IDXCONTACTINFORMATION].