Chris Cipriani
19
3865 FRONT STREET
$1,890,000 Sale
Listed 14 days ago
· 0
· 0.0
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· 7664
Key Facts
Key facts for 3865 FRONT STREET
Property Type
Apartment, Multi-Family
Parking
Garage: No, 0 parking
MLS #
X12324704
Size
7664 sqft
Basement
-
Listed on
-
Lot size
-
Tax
-
Days on Market
-
Year Built
-
Maintenance Fee
-
Description
Rare investment opportunity situated directly across from the Chippawa Creek, this 9-unit building boasts incredible waterfront proximity with added potential to lease the land across the street for a dock or other value-enhancing features. With Tourist Commercial (TC) zoning, the property supports ...a wide range of uses including long-term rentals, short-term Airbnb stays, or a hybrid model, making it ideal for savvy investors.The building includes six 1-bedroom units with scenic water views, two 2-bedroom units at the rear, and one bachelor suite in the basement, all sharing a common laundry and storage area. Seven units and common areas have already been demo'd, cleaned, and fully rewired, with updated emergency lighting, a new backflow valve, and front cleanouts installed. A two-year-old roof adds peace of mind. Remaining work includes general interior finishes and final touches, with the building nearing the final stages of revitalization. Whether you're looking to reposition the property as a premium rental offering or capitalize on the area's strong short-term rental demand, this location offers exceptional flexibility, waterfront charm, and long-term upside. (id:10452)
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Listing courtesy of: REVEL Realty Inc., Brokerage
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