About this home
Exceptional DEVELOPMENT OPPORTUNITY encompassing two adjacent parcels totaling 2.15 acres. This versatile property offers immense potential for multifamily residences, a place of worship, or commercial ventures. Strategically positioned to commence construction from the southern boundary, allowing for phased development while benefiting from an existing rental income of $6,800 per month from the 2 units (Main house 5/4 and the other one 2/2). Whether envisioning a vibrant residential community, a spiritual sanctuary, or a thriving commercial hub, this property provides the canvas to bring your vision to life. Don't miss this unique chance to invest in a property with both immediate returns and expansive future possibilities.
Listing last checked: Listing updated:
Listed by Mahmud Rahman · CENTURY 21 Tenace Realty · MLS #R11114749
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Details at a glance
Interior3 property facts
- Heating
- Electric
- Cooling
- Central Air, Electric
- Flooring
- Other
Building3 property facts
- Style
- Single Family Residence
- Year built
- 1951
- Garage
- 0
Land & utilities5 property facts
- Lot size
- 1.73 acres
- Water
- Public
- Sewer
- Public Sewer
- Waterfront
- Y
- Zoning
- RL-3(c
Financial2 property facts
- Annual taxes
- $12,842
- Assessment year
- 2024
Location
Estimated monthly cost
Explore costs at the $2,000,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$11,183 / monthAdjust
- Principal & interest
- $10,113
- Property tax
- $1,070
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $12,842. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
Price and status timeline
- Lsd
$2,900 · Sold $3,600 · Mar 3, 2022
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About 129 Fleming Avenue
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