Description
This unique property presents a significant opportunity for the right investor or developer. Please note that the property is currently encumbered by substantial liens and several unresolved legal violations. There are structural concerns, including roof damage and leaks, that will require considerable attention and repair. Additionally, the property features five electrical meters servicing eleven units, with some units lacking proper legal status. While these challenges are considerable, they also offer potential for substantial value creation through redevelopment or rehabilitation. For those interested, please ensure thorough due diligence and consult with legal and construction professionals to fully understand the scope of work required.
School Ratings & Info
Description
This unique property presents a significant opportunity for the right investor or developer. Please note that the property is currently encumbered by substantial liens and several unresolved legal violations. There are structural concerns, including roof damage and leaks, that will require considerable attention and repair. Additionally, the property features five electrical meters servicing eleven units, with some units lacking proper legal status. While these challenges are considerable, they also offer potential for substantial value creation through redevelopment or rehabilitation. For those interested, please ensure thorough due diligence and consult with legal and construction professionals to fully understand the scope of work required.
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