607 SECOND STREET
Property Description
Rare package deal featuring two single-family homes plus four city lots, offering immediate income potential and significant room for expansion. This includes 607 2nd Street along with 1101 Gum Street, a 2-bedroom, 1-bath home providing multiple structures and land in one purchase. 607 2nd Street is currently rented at $700/month, with room for rental increase. 1101 Gum Street has previously rented for $625/month. The Land at 607 Second Street provides room for income potential. This one deal could fund your retirement if done correctly. Both homes offer functional layouts with updated flooring and neutral interiors, making them ideal for rental use or value-add improvements. The additional four lots create strong development potential, with options to add more rental units, place mobile homes, or pursue a larger multi-unit project. The property features road frontage on three sides, allowing for flexible access, layout, and future site planning. There is ample space to accommodate additional structures and parking, maximizing the overall income potential of the property. Whether you're expanding your portfolio or looking for a project with long-term upside, this property delivers versatility, scale, and opportunity in one package.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $125,000 |
| Opportunity Zone: | No |
| Property Website | Click Here |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 0 |
ID: 3yd-NELBOR-218697
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