29 Fairview AvenueSpring Valley, NY 10977

Description

Excellent investment opportunity with strong income potential and possible future development opportunity. Property features: Unit 1 a spacious 4-bedroom unit with access to a full finished walk out basement featuring additional rooms and a bathroom (no lease). Unit 2 features a 1-bedroom unit with a private entrance. Excellent opportunity to own a spacious 2-family property in the heart of Spring Valley with strong income-producing potential and possible future development opportunity. The property offers bright interiors, functional layouts, ample living space, and plenty of parking. Conveniently located close to shopping, schools, transportation, parks, and major roadways. With high rental demand in the area, this property presents the possibility for strong cash flow, long-term appreciation, and potential development upside. Buyers are encouraged to conduct their own due diligence regarding possible expansion or development opportunities.

Property Information

Property type

Residential Income

Sub-type

Duplex

Style

Cape Cod

Year built

1951

Building area

2,008 Sq Ft

Lot size

0.13 acres

Parking spaces

8

Days on market

140

MLS^® Listing#

997962

Property Features

Interior

Entrance Foyer

Cooling

Wall/Window Unit(s)

Heating

Baseboard

Basement

Walk-Out Access

Parking

Driveway

Laundry

In Basement

Construction

Frame

Utilities

Cable Available

Sewer

Public Sewer

Water source

Public

Schools

Elementary

East Ramapo Early Chld Ctr At Kakiat

Middle

Chestnut Ridge Middle School

High

Spring Valley High School

Financial Details

Annual taxes

$16,000

Assessed value

$43,700

Parcel number

392605-057-055-0001-043-000-0000