This shovel ready development in the heart of North Park features 4 three-story townhomes, each offering 3 bedrooms and 2.5 bathrooms, 3rd story balconies with views, a total rentable square footage of 4,425 square feet. There is a promising profit margin for a smaller scale development in north park. The total estimated construction budget is $1,453,000, and ARV ranges from $3.1M to $3.3M offering a potential buyer profit between $497,000 and $687,000. Full construction plans, detailed proforma, budget breakdown, and 3D renderings are available. The total estimated construction budget is $1,453,000, and ARV ranges from $3.1M to $3.3M offering a potential buyer profit between $497,000 and $687,000. Full construction plans, detailed proforma, budget breakdown, and 3D renderings are available upon request.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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