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617 NW 26TH STREET

House Active With Contract
$126,900

BTC: 2.20095614

ETH: 41.21106626

37 days
5 bds
2 ba
1,862 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

Under contract-accepting backup offers. Discover the potential of this unique property, ideally suited for the experienced handyman or savvy investor. Located within the city limits and zoned R3, this versatile property features two homes on one lot, offering endless possibilities for income generation and renovation. Home 1: Immediate Income Potential The first home is currently rented, providing a steady stream of income from day one. This residence has charming features and solid bones, needing only minor updates and TLC to maximize its rental potential. Home 2: Full Rehab Project The second home on the property is a blank canvas awaiting your vision. This house requires a full rehabilitation, making it an ideal project for those with a keen eye for renovation. Transform this space into a stunning residence or another lucrative rental unit. Property Highlights: • Zoning: R3, offering flexibility for various uses. • Location: Conveniently located within city limits, ensuring easy access to amenities, public transportation, and vibrant city life. • Income Potential: One home is already generating rental income, while the other presents an excellent opportunity for value-add investment. • Investment Appeal: Perfect for experienced handymen, investors, or developers looking to capitalize on a property with significant upside. Opportunities: • Renovation: Fully rehab the second home to create additional rental income or increase property value. • Development: Explore potential for further development or enhancement due to the favorable R3 zoning. This property is a rare find with immense potential. Whether you're looking to expand your rental portfolio or undertake a rewarding renovation project, this unique property offers a promising investment opportunity. Bring your creativity and expertise to unlock its full potential!

Location

Facts and features

Type:
Residential
Parking:
No Data
Year Built:
1958
Lot:
0.36 Acres
Heating:
None
Price/sqft:
$68
Cooling:
Other
HOA:
No Data
All facts and features
  • Flooring

    • Hardwood

    Heating

    • None

    Cooling

    • Other

    Appliances

    • None

    Other interior features

    • Other

    Bedrooms and bathrooms

    • Bedrooms: 5

    • Full bathrooms: 2

  • Property

    • Levels: One

    • Exterior Features: Other

    Lot

    • Lot: 0.36 Acres

    Other Property Information

    • Parcel Number: 2514500000

    • Zoning: R3

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Other

  • Other financial information

    • Annual tax amount: $2,117

  • Source details

    • MLS ID: O6205695

    Other facts

    • Construction Materials: Wood Frame

    • Foundation Details: Other

    • Laundry Features: None

    • Direction Faces: North

    • Living Area: 1862

    • Water Source: Public

    • Lot Size Dimensions: 125 x 125

    • Subdivision Name: MARI-MERE

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: WORTH CLARK REALTY