15 Forestdale Rd
$1,275,000
10
Beds
6
Baths
4,627
Sqft
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$1,275,000
10
Beds
6
Baths
4,627
Living Area
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Property Description
We're excited to present a unique opportunity to own a stunning investment property that offers immediate income and significant future development potential. 3 Parcels total. This property underwent a complete overhaul just four years ago, ensuring a modern and updated living experience. The renovations included new plumbing, electrical systems, updated kitchens and bathrooms, new flooring, walls, light fixtures, roof, and siding. Currently, the property is generating $7450 each month, with great paying tenants, and there's additional revenue from coin-operated laundry facility. What makes this opportunity truly stand out is the inclusion of an adjacent parcel (0 Forestdale Rd) with building potential, located in an RG5 Zoning district (variance required) 17 Forestdale can be redevelop by right. This is an ideal opportunity for a savvy investor or builder, or even as a luxurious first investment property for an owner-occupant. Easy access via Westminster St. Great commuters location!
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Highlights
- Area: Green Hill
- Parking Spots: 4
- Property Type: 3 Family
- Total Rooms: 23
- Status: Active
- Levels: 3
- Property Class: Residential Income
- Stories: 3
- Year Built: 1913
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Additional Details
- Basement: Partially Finished
- Lot Features: Sloped
- Total Number of Units: 3
- Year Built Source: Public Records
- Foundation: Stone
- SqFt Source: Public Record
- Year Built Details: Approximate
- Zoning: Rg-5
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $835,200
- Taxes: $11,016
- Tax Year: 2025
- Total Rent: $7,450
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Listing information provided courtesy of eXp Realty.
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