INVESTMENT OPPORTUNITY IN YORK CITY! 721 Jessop Place presents an exciting opportunity for investors and owner-occupants alike! This approximately 1,736-square-foot property has recently received zoning approval for conversion into a two-unit building, offering excellent potential for rental income and long-term value. The proposed layout features a one-bedroom unit on the first floor with projected rent of approximately $1,000/month, and a spacious three-bedroom, one-bath unit spanning the second and third floors with projected rent of approximately $1,800/month. Once completed and stabilized, the property could generate an estimated $2,800 per month or $33,600 annually in gross rental income! Additional highlights include private rear parking, convenient street parking, and a shared entry vestibule. There may also be potential to rebuild a garage on the rear parking pad, subject to necessary approvals. Located near Jackson Street and York College, this property offers flexibility for a traditional rental investment or an owner-occupant looking to live in one unit while renting the other. With an attractive price point and strong projected income potential, this is an opportunity you won't want to miss. Schedule your showing today!

Listing courtesy of Lime House



The real estate listing information is provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.