Quadplex investment opportunity situated on a large .19 acre lot and located directly across from Hampstead Square. This attractive 4 unit property features 9 bedrooms/4 baths and $127,020 in gross annual income. There is potential that this property can qualify as a Category 2 (owner-occupied) short-term rental pending Zoning approval. Each unit features an open floor plan with large kitchen/living/dining areas, spacious bedrooms and updated baths. The huge fenced-in backyard is large enough to accommodate the construction of a 5th, detached single family unit (pending Zoning/BAR/TRC approval) making it ideal for continued use as an owner-occupied/investment property. All 4 units have access to newly re-built piazzas and there is plenty of off-street parking on-site.Additional recent updates include a new roof, which was installed in 2022 and updated kitchens/baths. The property is located within short walking distance to numerous shopping and dining destinations on Upper King & Meeting St as well as the Cigar Factory.
Agent Comments
Quadplex investment opportunity situated on a large .19 acre lot and located directly across from Hampstead Square. This attractive 4 unit property features 9 bedrooms/4 baths and $127,020 in gross annual income. There is potential that this property can qualify as a Category 2 (owner-occupied) short-term rental pending Zoning approval. Each unit features an open floor plan with large kitchen/living/dining areas, spacious bedrooms and updated baths. The huge fenced-in backyard is large enough to accommodate the construction of a 5th, detached single family unit (pending Zoning/BAR/TRC approval) making it ideal for continued use as an owner-occupied/investment property. All 4 units have access to newly re-built piazzas and there is plenty of off-street parking on-site.Additional recent updates include a new roof, which was installed in 2022 and updated kitchens/baths. The property is located within short walking distance to numerous shopping and dining destinations on Upper King & Meeting St as well as the Cigar Factory.