Renovation Project: 4 bedroom brick single family home located on a double lot. The first floor features a foyer, full bathroom, kitchen, bedroom, and separate living and dining room. The second floor consists of 3 beds w/ full bathroom. There are so many options with this property to maximize the current floor plan by finishing the basement. A swimming pool, double garage, parking for at least 6+ cars, generous low maintenance garden is perfect for entertaining on a quiet friendly street. Create a 5th bedroom by enclosing the porch and adding an open plan kitchen and dining room. With city approvals you may be able to extend, subdivide the lot and build a new construction home, sell the lot separately or convert the property into a multi family. Estimated renovation costs are in the region of $100-150K+/- depending on your scope of work with an after repair value of $550-600K+/-. The property will not qualify for a standard FHA loan, Conventional Mortgage. Cash, Private Funding, Renovation Loan, Hard Money or FHA 203K. Pls use all precautions when walking through and around the site as well as being always accompanied by a contractor or a licensed real estate professional. The buyer will be responsible for all inspections and must conduct their own due diligence. Signed Buyers Hold Harmless & release regarding covid required before requesting access. Seller will only accept offers from direct end buyers. Close to all modes of public transportation and an easy commute to NYC.
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