Exceptional Investment & Development Opportunity! Situated on a prime shy half-acre parcel in a high-density zoning area, this property offers outstanding potential for investors, developers, or those seeking long-term appreciation. Ideally located along Fones Road, the property is positioned to benefit from significant infrastructure improvements currently underway, including newly constructed… Read More streets and upgraded utilities, further enhancing its future value and development potential. The existing 2-bedroom, 1-bath home is undergoing a complete renovation with quality finishes throughout, creating an attractive, move-in-ready residence or income-producing rental. Renovations include an open-concept floor plan, stylish high-end finishes, and durable luxury vinyl plank flooring throughout. Whether you're looking to generate immediate rental income while planning future development or secure a property in a rapidly improving corridor, this is a rare opportunity to capitalize on both current cash flow and future multifamily development potential. Read Less
Listing courtesy of eXp Realty
Listing Snapshot
Cumulative Days On Market
1
Days on Website
1
Last Updated
Property Type
Single Family Residence
Beds
2
Full Baths
1
Square Ft.
1,056
Lot Size
0.49 Acres
Year Built
1940
Property Tax
$2,686
MLS Number
2553249
30 Days Snapshot Of 98501
$601k
0%
(avg) sold price
43
-23%
homes sold
59
-10%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
Basement: "None"
Building
Building Area Total: 1056, Building Area Units: Square Feet, Building Information: Built On Lot, Calculated Square Footage: 1056, Elevation Units: Feet, Entry Location: Main, Levels: "One", Living Area: 1056, Structure Type: "House", Year Built: 1940, Year Built Effective: 1984
Exterior Features
Exterior Features: "Wood"
Fireplaces
Fireplaces Total: 0
Foundation
Foundation Details: "Pillar/Post/Pier"
Heating
Water Heater Location: Utility Room, Water Heater Type: Gas
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listings last updated on ,
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