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$340,000
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Property Description
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.
Full Property Details
Full Property Details for 31 S Pearl St
General
- Sold For: $340,000
- Taxes: $9,920
- Status: Closed
- Type: Multi-Family
- Source: Long_Island
- MLS ID: H6261253
- Added to Site: 962 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking Features: Detached, 2 Car Detached, Driveway
Location
- County: Rockland
- Township: Orangetown
- Neighborhood: Pearl River
School Information
- Elem School District: Pearl River
- Midd School District: Pearl River
- High School District: Pearl River
- Elementary School: Franklin Avenue School
- Middle School: Pearl River High School
- High School: Pearl River High School
Heating & Cooling
- Cooling Type: None
- Heating Type: Natural Gas, None
- Water Heater: None
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Colonial
- Detached/Attached: Detached
- Construction: Advanced Framing Technique, Vinyl Siding
- Common Walls: No Common Walls
- Square Feet: 1,635
- Sq. Ft. Source: Municipality
- Year Built: 1912
- Year Built Source: New Construction
Lot Features
- Lot Size (Acres): 0.17
- Lot Size (Sq. Ft.): 7,405
- Lot Size Source: Other
- Road Maintenance: Public Maintained Road
Financial Considerations
- Tax Amount: $9,920
Disclosures and Reports
- Property ID: 392489-068-019-0004-011-000-0000
Listed by Keller Williams Valley Realty
Sold by Rodeo Realty Inc
Get Pre-Approved Today
Schools
Schools serving 31 S Pearl St
School District:Pearl River Union Free School District
| Name | Grades | Distance |
|---|---|---|
Pearl River High School 275 East Central Avenue, Pearl River, NY 10965 | 8-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 31 S Pearl St
Date
Details
Price
Change
Source
11/03/2023
Sold
$340,000
-9.33%
MLS
8/10/2023
Price Reduced
$375,000
-6.02%
MLS
7/24/2023
Listed
$399,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
31 S Pearl Street, Pearl River, NY 10965 (MLS# H6261253) is a Multi-Family property that was sold at $340,000 on November 03, 2023. Want to learn more about 31 S Pearl Street? Do you have questions about finding other Multi-Family real estate for sale in Pearl River? You can browse all Pearl River real estate or contact a Coldwell Banker agent to request more information.
