$249,900

$50,000 price cut. Finished value $775,000. Price $250k + $330k Rehab (estimate) to fix this fire damaged oversized brick 3 flat that sits in the perfect location. Contractors and Buyers who want to customize and upgrade and have a way to create significant equity here. This is a 3 unit residential Multi-Family Building on RS3 zoned lot. The lot is landlocked/no parking. This property needs repairs from recent fire damage. The decks and metal side deck is not damaged/good condition. The roof is in average condition/can likely be reused. Needs new mechanicals(HVAC), plumbing, electrical, framing. Does not appear to have structural damage. Basement only 6' hi. the smart play is to go UP (use attic and duplex up if you can later get a higher zoning). It is a 3 FLAT on zoning cert. The land is rs3 so to do more units you need a rezone/etc. The seller will not delay for your zoning approvals. Cash deal/construction loan, with quick, 40 day close or sooner desired. Again, this property will require a experienced contractor. Buyer will take on building court case as is typical with fire damaged properties until building is completed. Large square footage. Drive by first. Approvals/POF needed PRIOR to walkthroughs.