Huge 2-Family with 4 rentable units (Basement, 1st Fl, 2nd Fl & Attic) - can easily be converted to a 3-Family. 2,652 living sq ft on a DOUBLE LOT (50 x 100). Current structure in good condition. Subdivide the lot & build a new 2-family next door! CURRENT INCOME: $6,950/month - 1st Floor: 2 Bed / 1 Bath - $1,700/mo - 2nd Floor: 3 Bed / 1 Bath - $1,650/mo - 3rd Floor (Attic): 2 Bed / 1 Bath - $1,600/mo - Basement: 2 Bed / 1 Bath - $1,000/mo - Garages (3): 2 rented @ $150/mo each = $300/mo - Parking (7 spaces): 7 rented @ $100/mo each = $700/mo EXPENSES: - Taxes: ~$10,000/yr - Water: $1,400/yr - Basement Gas: $480/yr THE NUMBERS: - Asking: $865K - ARV: $1.9M - Gross annual income: $83,400 Value-add play: hold the cash-flowing 4-unit, subdivide the double lot, and build a brand-new 2-family for massive equity upside. Serious buyers only.