31 S Pearl Street
31 S Pearl Street
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31 S Pearl Street
31 S Pearl Street
Sold

31 S Pearl Street

31 S Pearl Street, Pearl River, NY 10965

$340,000
Calling All Handyman and Builders! A Golden Opportunity in Desirable Pearl River Neighborhood! Welcome to this exceptional 2-family property, a true diamond in the rough, located in the sought-after Pearl River neighborhood. This is the ultimate handyman or builder's special, offering tremendous potential for those looking to turn their vision into reality. This legal 2-family home is in the midst of construction and eagerly awaits the right buyer to take the reins and complete the transformation. With approved plans in hand, you'll have the blueprint to finish two charming two-bedroom apartments. Imagine the beautiful rental income these units could generate, estimated close to $3,000 per unit. Plus, with a touch of creativity and ingenuity, there's even the possibility to extend each unit to boast four bedrooms, maximizing its earning potential! For those who relish a project and have an eye for design, this is the golden opportunity you've been waiting for. Embrace the challenge and bring this property to its full glory, with a little TLC and your unique touch. Key Features: Prime location in desirable Pearl River neighborhood. Legal 2-family property with approved plans. Potential rental income of around $3,000 per unit. Opportunity to expand to four bedrooms per unit, Attractive ARV (After Repair Value) estimated at $650,000 Act swiftly, as properties like this don't come around often. Seize the chance to make your mark on this hidden gem and realize its true potential. Don't let this opportunity slip away! Cash only sale.

4
beds

2
baths

1,635 Sq.Ft. LIVING AREA

7,405 Sq.Ft. lot

Features & Amenities

Interior

  • total bedrooms4
  • Total bathrooms2
  • full bathrooms2

Area & Lot

  • Status Sold
  • Living Area1,635 Sq.Ft.
  • Lot Area7,405 Sq.Ft.
  • MLS® IDH6261253
  • TypeMulti-Family
  • YEAR BUILT1912
  • Architecture StylesColonial
  • Elementary SchoolFranklin Avenue School
  • Middle SchoolPearl River High School
  • High SchoolPearl River High School
  • School DistrictPearl River

Exterior

  • Garage Space2.0
  • water SourcePublic
  • parkingDetached, 2 Car Detached, Driveway
  • HEAT TYPENatural Gas, None
  • AIR CONDITIONINGNone
  • sewerPublic Sewer

Financial

  • Sales Price$340,000
  • Real Estate Tax $9,920/yr

Work With Us

The Ramundo Team has built a reputation for excellent client service and results with a genuine desire to help others by providing superior service. The members of our team are seasoned professionals, each with a unique background and eagerness to serve your needs.

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