9 Bed 3 Bath Multi-family For Sale $1,875,000 3,300 sqft ($568 per sqft)
Broker: David Shapiro Grand & Co.
We are pleased to present 181 Jackson for sale for the first time in 44 years! Generously built legal 2 family with ample square footage. Situ
...read moreWe are pleased to present 181 Jackson for sale for the first time in 44 years! Generously built legal 2 family with ample square footage. Situated on a 25×100 lot and zoned R6B makes it a compelling opportunity for investors, developers, and end users alike. The frame building is 22×45, with a 3 ft alleyway giving extra light access on the side of the house as well as backyard access from the street. This property has an FAR of 2.0 allowing for 5,000sf of buildable space. As built it shows as 0.79FAR or 1,980sf , permitting over 3,000 sf additional SF to be added.
The building set up is as follows - a giant duplex with 2,000sf of living space, currently set up as a 3 bed / 1.5 bath with 2 living rooms (could easily be converted into a 5 or 6 bedroom 4 bath apartment) with direct yard access. This is the first floor duplexed into the parlour floor.
- a 4 bed 1 bath duplex which was recently renovated a few years back. This unit is duplexed into a fully functional attic which could easily be converted into a master bedroom , guest room, home office, or a children's playroom.
- a Generous 25×55 backyard
The building and units are in very good condition although an end user would likely renovate to maximize value and space. Property will be delivered vacant. Current RE Taxes $4,493
