Description

A unique investment opportunity awaits at 1711-1713 47th St, located steps away from the Tonnelle Ave Light Rail Station and with direct access to major roadways making commuting a breeze. This fully renovated 2-family home sits on a rare double lot, offering a combination of immediate rental income, valuable land use, and untapped development potential and low property tax. The property features a fully updated 2-Family residence with modern finishes and new appliances-perfect for owner-occupants or investors looking for reliable cash flow from day one. Each unit has been thoughtfully upgraded, allowing you to avoid renovation headaches and start generating income immediately. But this property is more than just a two-family home-it's a multi-dimensional asset. The oversized lot offers the potential to build a new 4-family residence (buyer to perform due diligence), providing long-term value for developers or investors thinking ahead. What truly elevates this property is the abundance of parking. With space to accommodate 10+ vehicles on a newly paved lot, this feature opens the door for additional options, which is especially valuable in a high-density neighborhood where parking is at a premium.