1787 Monroe Avenue

Potential Development Site For Sale (R8), Multi family home with steady income. Viewing by appointment only, email 48 hours in advance to confirm. Lot Size: 25 ft x 95 ft Year Built: 2007 Bedrooms: 11 total • Main House: 9 bedrooms, 6 full baths (occupied by 3 families, spanning from 1st to 3rd floor) • Basement: 2 bedrooms, 1 bath (currently not occupied) • Livable area: 4,400 sq. ft. Features: • Backyard: Yes • Parking: 2 spots in the front yard • Expansion Potential: House can be expanded utilizing the front yard and backyard space • Zoning: R8 (High potential for build up) Financials: • 421a Tax Abatement: 25 years starting from the 2nd half of 2021 • Separate Gas and Electric Meters Recent Upgrades: • Gas valves and thermocouples were newly replaced • No major repairs needed Additional Information: • Attendee panel closed • Basement has a separate entrance and it is connected to the backyard • The area is proximate to employment centers, houses of worship, schools, local shopping, and amenities • Each units are well maintained • Neighborhood trends are well established with good development potential Additional Information: ParkingFeatures:2 Car Attached,