Courtesy of: Linda Ngo 01832758 | COLDWELL BANKER RESIDENTIAL
Purchase Type: Sale
MLS ID: 40966808
Days On Market: 20
Year Build: 1920
Lot size: 0.19
Property Type: Residential Income
Property Subtype: Single Family Residence
New Construction: No
Heating: See Remarks
Swimming Pool: No
Address: 4631 Congress Ave
CALLING ALL BUYERS AND BUILDERS/DEVELOPERS! Don’t miss this opportunity to purchase this 3bd/1ba/1050sf single family home (tenant-occupied) sitting on a large 8,060 sq ft lot with APPROVED PLANS AND PERMITS to construct a second detached 3-unit ADU on the same lot! The ADU will consist of (1) 3 bd/2ba/1190sf (2) 3 bd/1.5 ba/730sf (3) 1 bd/1 ba/460sf). The potential gross rental income for the entire property after completion is between $8,000-10,000/month! Renderings provided are a conceptual design. Property is being sold with tenants in the existing house and approved plans to construct the 3-unit ADU. Permits for the proposed ADU have been approved. The plans include 4 uncovered parking spaces - 1 for each unit. Buyer just pays for the permits and can start building!
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