Pearl River, NY 10965,31 S Pearl ST
$340,000
$375,000
9.3%
Est.Price: ?

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4 BD
2 BA
1,635 SqFt

31 S Pearl ST Pearl River, NY 10965

Est. payment /mo
SOLD DATE : 11/03/2023

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Key Details

Sold Price $340,000

Property Type Multi-Family

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

Square Footage 1,635 sqft

Price per Sqft $207

MLS Listing ID H6261253

Style Colonial

Bedrooms 4

Full Baths 2

Year Built 1912

Annual Tax Amount $9,920

Lot Size 7,405 Sqft

Property Description

Calling All Handyman and Builders! A Golden Opportunity in Desirable Pearl River Neighborhood! Welcome to this exceptional 2-family property, a true diamond in the rough, located in the sought-after Pearl River neighborhood. This is the ultimate handyman or builder's special, offering tremendous potential for those looking to turn their vision into reality. This legal 2-family home is in the midst of construction and eagerly awaits the right buyer to take the reins and complete the transformation. With approved plans in hand, you'll have the blueprint to finish two charming two-bedroom apartments. Imagine the beautiful rental income these units could generate, estimated close to $3,000 per unit. Plus, with a touch of creativity and ingenuity, there's even the possibility to extend each unit to boast four bedrooms, maximizing its earning potential! For those who relish a project and have an eye for design, this is the golden opportunity you've been waiting for. Embrace the challenge and bring this property to its full glory, with a little TLC and your unique touch. Key Features: Prime location in desirable Pearl River neighborhood. Legal 2-family property with approved plans. Potential rental income of around $3,000 per unit. Opportunity to expand to four bedrooms per unit, Attractive ARV (After Repair Value) estimated at $650,000 Act swiftly, as properties like this don't come around often. Seize the chance to make your mark on this hidden gem and realize its true potential. Don't let this opportunity slip away! Cash only sale.

Location

State NY

County Rockland

Interior

Heating Natural Gas, None

Cooling None

Exterior

Garage Detached, 2 Car Detached, Driveway

Garage Spaces 2.0

Building

Sewer Public Sewer

Water Public

Structure Type Advanced Framing Technique,Vinyl Siding

Schools

Elementary Schools Franklin Avenue School

Middle Schools Pearl River High School

High Schools Pearl River High School

School District Pearl River

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Listed by Keller Williams Valley Realty • 201-391-2500
Bought with Rodeo Realty Inc

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