Exceptional Renovation Opportunity Near Outer-Strathmore
Exceptional Renovation Opportunity Near Outer-Strathmore! Unlock the potential of this stunning home situated near Outer-Strathmore, offering a unique chance for buyers with vision and ambition.
This property is in need of major renovations due to significant water damage to the structure. Expect an investment of at least $200,000 for essential structural repairs, with total renovation costs estimated between $400,000 to $500,000. The property boasts MX1 zoning, allowing for a range of commercial uses, making it a versatile option for investors looking to blend residential and business opportunities.
Key Features:
First Floor:
Spacious double-parlor and formal dining room, perfect for entertaining.
Eat-in kitchen with ample space for culinary creativity.
Convenient half bath for guests.
Original architectural details include pocket doors, a beautifully tiled entry, board and batten trim, and exquisite curved natural woodwork with columns and pony walls.
Authentic newel post adds charm and character.
Second Floor:
Four generously sized bedrooms offering potential for a master suite.
One bathroom with additional space to create a master bathroom.
A rear enclosed porch adds further versatility to the living space.
Important Information:
This property is being sold as-is, without any warranties or representations regarding its condition. Buyers will need to provide an itemized renovation specification along with proof of funds to complete the necessary renovations. A $150,000 bank statement is required prior to scheduling any showings.
Property Purchase Applications and Contracts to Purchase can be found on our website. Completed offers should be submitted by the first Tuesday of each month for consideration at the Board of Directors Meeting, typically held on the third Tuesday of the month. Please confirm dates and times.
This is a rare opportunity to transform a historic home into a modern masterpiece. If you’re ready to take on a rewarding project, reach out today to explore the possibilities!
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