Property
Beds
4
Full Baths
2
1/2 Baths
None
Year Built
1927
Sq.Footage
2,524
Approximately 6 bedrooms / 4 bathrooms 2,524 sq. ft. main house 1,000 sq. ft. permitted ADU with excellent conversion potential Main House The main house is very close to being operational as a co-living property. The remaining work is fairly minimal and primarily consists of: Adding one wall and doorway to create an additional bedroom Closing off the French doors to provide privacy for another bedroom Furnishing the home and completing a few final punch-list items Once completed, the main house would function as an 8-bedroom home, including two ensuite bedrooms, which could command premium rental rates. ADU Opportunity The property also includes a permitted ~1,000 sq. ft. ADU, creating additional upside for an investor. Potential configurations include: Phase 1: 3 bedrooms / 2 bathrooms Phase 2: Potential expansion to 6 bedrooms / 2 bathrooms, depending on the final design. Once the ADU conversion is complete, the property has the potential to generate approximately $11,300 per month in gross rental income across all 14 bedrooms. This property has strong appeal for investors looking for a co-living opportunity, especially since much of the main house is already complete while still offering significant upside through the ADU conversion.
Features & Amenities
Interior
-
Total Bedrooms
4
-
Bathrooms
2
-
Above Grade Finished Area
2524.0
-
Basement YN
NO
-
Cooling YN
YES
-
Cooling
Ceiling Fan(s), Central Air
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Heat Pump, Natural Gas
-
Pet friendly
N/A
Exterior
-
Garage
Yes
-
Garage spaces
2
-
Parking
Attached Carport
-
Pool
No
Area & Lot
-
Lot Features
Cleared, Level, Wooded
-
Property Type
Residential
-
Property Sub Type
Single Family Residence
Price
-
Sales Price
$450,000
-
Sq. Footage
2,524
-
Price/SqFt
$178
HOA
-
Association
No
School District
-
Elementary School
Unspecified
-
Middle School
Unspecified
-
High School
Unspecified
Property Features
-
New Construction
NO
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
Rowan
Elementary School
Unspecified
Middle School
Unspecified
High School
Unspecified
Listing Courtesy of Kristen Fesnak , 10X Real Estate & Investments
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