West Huntingdon Historic Fourplex
4 Plex ready for condo conversion in the heart of historic district
Marketing description
Unlock the potential of this rare multi-family property nestled in the heart of the historic district. Currently undergoing extensive renovations, this unique property is the ideal investment for redevelopment-minded buyers. 4 Units each are 3 bedroom 2.5 baths. For 15 years this property has been primarily SCAD rentals. Due to the demand for the area, the owner is renovating and upgrading the property.
Property Highlights:
Location: Prime spot within the charming historic district, close to amenities, dining, and cultural attractions.
Renovation in Progress: Approximately 75% of the property is being updated from student rental units to high-end luxury residences, designed with quality finishes.
Redevelopment Opportunity: Perfect for investors seeking to enter the premium rental market, with future potential for increased property value.
Condo Conversion Potential: The current owner plans a full condo conversion, offering the opportunity for individual unit sales post-renovation.
Unique Investment Structure
One Parcel: Currently being sold as one PIN, but ideal for transitioning to a condominium structure once the renovation and conversion process is completed.
This is a remarkable chance to acquire a historic property that combines classic charm with modern appeal, poised to become a high-value asset in a desirable market.
Investment highlights
Unique Investment Structure
One Parcel: Currently being sold as one PIN, but ideal for transitioning to a condominium structure once the renovation and conversion process is completed.
This is a remarkable chance to acquire a historic property that combines classic charm with modern appeal, poised to become a high-value asset in a desirable market.
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