Opportunities like this don't come around often. This historic Paseo Boulevard property has already completed the phase of renovation most investors dread: the infrastructure. Electrical, plumbing, mechanicals, and major systems have been updated, allowing the next owner to focus on bringing the vision to life. Even better, materials needed to complete the first and second floors are already on site and included.
Designed for flexibility and income potential, the property is configured as a triplex plus a lower-level apartment, with separate entrances to every level. The renovated lower-level unit offers 2 bedrooms and 1 bath and is essentially rent-ready. The first floor is designed with 2 bedrooms, 1 bath, a full kitchen, new hardwood floors, and beautiful original woodwork. The second floor layout includes 3 bedrooms, 3 bathrooms, a full kitchen, and additional living space, making it well-suited for a co-living or PadSplit-style model. The fully renovated third-floor studio apartment is also essentially rent-ready.
Whether your strategy is mid-term rentals, co-living, traditional leasing, or a combination of rental models, this property offers multiple paths to maximize income potential. A detached 2-car garage and ample off-street parking provide convenient accommodations for residents and guests.
Located in an area experiencing significant revitalization and growth, this is a rare opportunity to acquire a project where much of the heavy lifting has already been done. As an added benefit, the current owners are willing to consult with the buyer regarding the project and intended completion plans. Don't miss the opportunity to unlock the full potential of one of The Paseo's most compelling investment properties.
57 days
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198
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7
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Zillow last checked:
Listing updated:
Listed by:
Bradley Kanouse817-726-2775,
EXP Realty LLC,
Breeze Team913-430-1977,
EXP Realty LLC
Source: Heartland MLS as distributed by MLS GRID,MLS#: 2623060
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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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