Age restricted housing opportunity! Welcome to a remarkable real estate opportunity w/ a sprawling almost 14-acre property abutting a serene town forest, complete with two well-maintained buildings boasting a total of 22 spacious apartment units.**Included are building expansion plans & comprehensive septic plans, allowing you to tap into the potential for additional units or amenities, enhancing the property's income-generating capabilities, are included.**Adding an extra layer of financial security, 10K SF of the land is currently leased by a cell company with a rent of $78,000 per year. This long-term lease arrangement provides a consistent and substantial additional income stream, offering you stability as an investor.** With four 2-bedroom units and eighteen 1-bedroom units, this offering presents an enticing blend of versatility and rental income potential. Nestled against the backdrop of a picturesque town forest, this property provides residents with a unique connection to nature, offering an oasis of tranquility while still being conveniently accessible to all the amenities and conveniences of city living. The two existing buildings on this expansive property provide a substantial source of rental income, with a diverse mix of unit sizes catering to various tenant needs.**Whether you're an experienced investor or looking to start your real estate portfolio, this opportunity promises a steady stream of income. Schedule a viewing and explore the endless possibilities!

Listing courtesy of Brian Kindlan of Lamacchia Realty, Inc.: ?



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Data Last Updated: 2024-05-07 04:30 AM UTC