Motivated seller looking for a quick closing!! So, you can move in to your new home as soon as you are ready. This exceptional property is zoned B-2 but is also allows for residential living, as it has been for the last 20+ years. Making it a perfect place for a Multi-Family home.
Built in 1928 and situated on 2 lots, this home presents a unique opportunity for a multi-generational family or real estate investors. With 5 bedrooms plus an extra room there is plenty of space for a large family. Step inside to discover an inviting open floor plan that seamlessly connects the living and dining areas, enhanced by crown moldings and warm wood floors.
The family room, conveniently located off the kitchen, is perfect for gatherings, featuring a cozy brick fireplace with glass doors that adds a touch of sophistication. Natural light floods the space through thoughtfully placed windows, complemented by tasteful window treatments that provide both privacy and style.
The partially finished basement provides additional versatility, featuring shelving, carpet and a pool table making it an excellent space for a home office or a recreational area. With two fireplaces to choose from, you can create the perfect ambiance for any occasion.
The home could also be easily divided into two separate units for an in-law suite or another unit to be rented. Situated near the heart of Burlington and right on 130 South, the .59 acre lot is strategically positioned as a corner unit, enhancing visibility and accessibility.
Constructed with durable materials including block, brick, concrete, and sturdy wood framing, ensuring longevity and minimal maintenance costs, there are a wide array of possibilities. Completely renovated in 2006 and updated again in 2024, the property is low maintenance.
A new roof was added in 2026 and solar panels in 2020. The corner location not only allows for potential subdivision into 2 lots, offering flexibility for future development or expansion, but it also has a lush front yard that is currently utilized as a garden.
Investors will appreciate the potential for significant returns in this prime location. The combination of a well-maintained structure, ample lot size, and strategic positioning creates opportunities for great rental income or resale value as well. The paved parking lot ensures ample parking for any occasion.
Situated in a location with no homeowners association fees, this property offers the freedom to grow without restrictive covenants. The absence of an association allows for greater flexibility in property use and development, making it an appealing choice for investors looking to maximize their investment potential, or for families who need to add more space.
Investors seeking to enhance their portfolio will find this property to be a valuable asset with very promising returns. All due diligence on behalf of the buyer is required if your intention is to sub-divide the lot. Home being sold "AS IS". Seller makes no repairs and gives no credits. CO, all costs/repairs are at buyer's expense.
