Property Description

A compelling opportunity for an experienced investor to acquire two fully vacant buildings with plenty of off-street parking and renovate them into a stabilized, income-producing asset. Situated on a 32,254-square-foot lot, the property includes a substantial rooming house and a three-family building, offering approximately 17,806 square feet of combined living area with 41 bedrooms and 10 bathrooms. Full vacancy provides immediate access to complete renovations, address deferred maintenance, upgrade building systems, and reposition the property without working around existing tenants. Once renovated and stabilized, the combination of rooming-house accommodations and traditional multifamily units offers the potential for diversified rental income and long-term value creation. The property requires significant improvements and is best suited for a qualified investor familiar with renovation and specialized housing operations. Property is being sold as-is.