Investment Opportunity in the Heart of Mt. Pleasant, right off a busy corridor with over 20k total cars a day! Discover endless potential at 3351 East 116th St, a vacant, legal 5-unit multifamily property currently set up as 4 spacious units, with significant upside for expansion. This solid brick building offers a total of approximately 4,060 SF across three- large one bedroom units, two of which can be converted to 2 bedroom units and one large two bedroom, plus an expansive 2,600 SF basement ideal for storage or future use. Additionally, there is a vacant, framed space previously planned to create a fifth and sixth unit, allowing a new owner to increase unit count and maximize ROI (owner had plans to convert to a 6-unit building). Located in an up-and-coming neighborhood with convenient access to public transit, highways, shopping, and local amenities, this property is perfect for local or out of state investors seeking value-add opportunities.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
