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Investment Opportunity Welcome to this versatile 2-family ranch house with endless possibilities. Currently configured as a comfortable residence, this property offers the potential for conversion into two separate family homes or side-by-side duplex townhouses spanning up to three levels, providing ample living space and income potential. With its flexible layout and zoning permissions, this property presents numerous options for savvy investors or developers. Explore the potential to transform it into rental units, with the capacity for up to four units, catering to diverse tenant needs and maximizing rental income. Alternatively, unleash your creativity by envisioning new construction possibilities. The existing house can be demolished, clearing the way for a fresh project that aligns with your vision and objectives. The expansive land offers ample space for a range of development ideas, from townhouses to multi-unit complexes. Located in a desirable area of Spring Valley New York, this property is primed for transformation and growth. Don't miss out on this exceptional opportunity to make your mark in the real estate market.
This mortgage calculator can be used to figure out monthly payments of a home mortgage loan, based on the home's sale price, the term of the loan desired, buyer's down payment percentage, and the loan's interest rate.
Listing information last updated on May 5th, 2024 at 8:05pm EDT.