About this home
Investors and Developers Alert! Exceptional holding property with immediate revenue or prime development potential under Missing Middle on a rare 70-foot-wide frontage lot on the Rockland/Fairfield border. This versatile 5-bed, 2-bath home is ideal as a high-yield investment or flexible multi-generational property. Live upstairs while using the lower level as a mortgage helper. Enjoy a stunning, park-like backyard offering a peaceful outdoor oasis. Alternatively, take advantage of steady rental income while finalizing development plans for this expansive parcel. Currently tenanted, generating $4,900 per month. The adjacent property at 1622 Richardson is also available. Together, the two properties offer approximately 145 feet of combined frontage and 23,584 sq.ft. of land. Situated in a prime central location minutes from transit, bike corridors, and local amenities, this is an unmatched opportunity for holding, land assembly, or future development. (id:67468)
Property details
- Property type
- House
- Ownership
- Freehold
- Year built
- 1956
- Living area
- 2,296 sq ft
- Parking spaces
- 2
- Style
- Character
- Heating
- Baseboard heaters, Electric, Wood
- Cooling
- None
- Fireplaces
- 1
- Lot size
- 11,464 sq ft
- Zoning
- Residential
- Annual property taxes
- $7,935.20
- View
- City view
Room sizes
| Room | Level | Dimensions |
|---|---|---|
| Kitchen | Additional Accommodation | 10 × 10 feet |
| Bedroom | Lower level | 12' x 15' |
| Bedroom | Lower level | 11' x 14' |
| Recreation room | Lower level | 11' x 11' |
| Bedroom | Main level | 9' x 11' |
| Bedroom | Main level | 10' x 10' |
| Bathroom | Main level | 4-Piece |
| Bathroom | Lower level | 3-Piece |
| Primary Bedroom | Main level | 11' x 13' |
| Kitchen | Main level | 10' x 13' |
| Dining room | Main level | 9' x 13' |
| Living room | Main level | 11' x 18' |
| Entrance | Main level | 5' x 7' |
