Abacus Real Estate - Real Estate Expertise You Can Count On

Back on market due to Buyer unable to secure financing. No faults on sellers. Improved pricing. Motivated seller. Shovel ready opportunity. This property includes two vacant 2-unit buildings on the same lot. Front building is two stories over craw space, rear unit is a 3-story building. Seller spent over 6 years to get vertical addition permit to convert front building into a 4-unit building, which will add one unit as basement, and one unit on top with a private deck. It's great for buyer to develop and later turn it into 6 TIC units or to keep it for high cashflow in this desirable location. Site permit pulled with approved plans, and structural plan has been submitted with a total of 1600+ sqft addition to front building. Rear building was majorly remodeled in 2006 with new foundation, new electrical, new bathrooms and kitchens.