Property Description for 781 Linden Blvd
We are pleased to present this remarkable investment and/or development opportunity. This is a huge 3,200 Sq. Ft. 2 family detached house + full basement and detached garage situated on 27âx100â Lot. It has two large apartments of 5 and 6 bedrooms with 2 full bathrooms each, 15 total rooms count. The property is in excellent condition. Tenants pay their own heat and hot water. Current GAI is $69,240, Total Annual Expenses $9,962, NAI $59,278, CAP rate 6.77.The property is within R6 zoning, which means that residential FAR 3.0, mix of community facility and residential FAR 4.0, or community facility FAR 4.8, with buildable 8,100; 10,800; 12,960 Sq. Ft. respectfully.This property is a must have either you investing or going to take advantage of the zoning and built on it