Courtesy of: Sebrin Adem, RE/MAX Allegiance, sebrinadem@gmail.com
Courtesy of: Sebrin Adem, RE/MAX Allegiance, sebrinadem@gmail.com
$1,300,000
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3 bed
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2.00 Bath (2 Full)
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Lot: 0.33 Acres
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Single Family Residence
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$1,300,000
1000 JANNEYS LANE Discover your ideal haven on this expansive corner lot, situated in one of the most sought-after locales. Opportunities like this are rare! Currently, the property features a reliable tenant generating $3, 300 monthly, amounting to $39, 600 annually, with a lease in place until July 2025, ensuring stability and income. Your possibilities are endless: purchase the property as-is with the existing tenant, or envision building a stunning new three-level single-family home with a 2-car garage. Alternatively, consider the potential for four 2-bedroom rental units, which could yield an impressive $16, 000 in monthly income. Newly constructed homes in this area can sell for between $2, 500, 000 and $3, 200, 000. The seller is open to financing options for the right developer, making this an exceptional investment opportunity. If you’re considering a different vision, a 60- to 90-day notice for the tenant is negotiable. Don’t miss out on this chance to create your dream property—seize the moment!
Courtesy of: Sebrin Adem, RE/MAX Allegiance, sebrinadem@gmail.com
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