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$270,000

CASH-ONLY INVESTOR OPPORTUNITY with 15+ YEARS OF RENTAL HISTORY! The property was occupied by the same tenant from 2010 until recently and offers MULTIPLE POTENTIAL INVESTMENT STRATEGIES. Whether you're looking for a BUY-AND-HOLD, LIGHT VALUE-ADD REHAB, or FULL RENOVATION AND RESALE, this property gives investors plenty to evaluate based on their individual exit strategy. The upper level features 3 BEDROOMS and 2 FULL BATHROOMS. Downstairs offers a LARGE OPEN LIVING AREA plus a SEPARATE PRIVATE-ENTRY EN SUITE with substantial additional usable space. The en suite includes a LARGE UNOFFICIAL BEDROOM/FLEX ROOM (no closet), FULL BATHROOM, and enough additional space for a LIVING OR SITTING AREA. There is also a SECOND SEPARATE ROOM that could work well as an OFFICE, OVERSIZED CLOSET, STORAGE ROOM, or other flex space. The en suite has its own EXTERIOR ENTRY AND EXIT. This area may have previously been a garage; buyer to independently verify permitted status, square footage, layout, and allowable use. The property also offers a LONG DRIVEWAY, GOOD-SIZED FRONT YARD, and FLAT, GATED BACKYARD with plenty of usable space. The home is located DIRECTLY ON OLD NORCROSS ROAD but SITS WELL BACK FROM THE MAIN ROAD, providing additional separation. FULL PROPERTY VIDEO AND ADDITIONAL PHOTOS AVAILABLE UPON REQUEST. Seller will not consider blind offers.

4 Beds ⋅ 3 Baths ⋅ 10822990 MLS

4885 Old Norcross Road, Duluth

Listing courtesy of Coldwell Banker Realty.