$599,900

Additional details

Cooling

Three+ Central

Flooring

Wood

Taxes

$10,370/yr

About this home

Unlock the potential of Tobin Hill's real estate with this strategically located four-unit property. Situated on a premier street, it offers immediate access to the thriving St. Mary's strip. The 0.26-acre lot, ZONED FOR UP TO 8 UNITS (translation: cha-ching), provides substantial expansion possibilities. Comprised of three 1-bedroom, 1-bathroom units and one 2-bedroom, 1-bathroom unit, the building caters to a diverse tenant base including students, tourists, locals, and service & medical industry pros looking to be close to work. Modern upgrades include central HVAC units, separately metered utilities, plumbing updates, gas water heaters, pier & beam foundation corrections, and spray foam insulation for efficiency. Rear access via a through-street/alley enhances convenience. An on-site laundry room adds practicality. Capitalize on Tobin Hill's resurgence and elevate your portfolio with this solid investment.

Location

508 E DEWEY PL