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Listed by Jackeline Estrada of Giraldo Real Estate Group
ATTENTION INVESTORS & FLIPPERS! LICENSED QUADRUPLEX WITH HUGE UPSIDE ? This Victorian property is a fully licensed quadruplex and also holds a Single Family with Rooming House license (10 bedrooms). With over 50 years of use as a college fraternity house, this property presents an exceptional value-add investment opportunity . The owner has already started the conversion into four independent income-producing units: UNIT BREAKDOWN: Unit 1: 3 Bedrooms | 1 Full Bath | In-Unit Laundry Unit 2: 3 Bedrooms | 1 Full Bath | In-Unit Laundry Unit 3: 1 Bedroom | 1 Full Bath | In-Unit Laundry Unit 4: 1 Bedroom | 1 Full Bath | In-Unit Laundry Additional features include separate utilities, basement storage, a spacious front porch, a large attic with expansion potential, and a high-ceiling basement-ideal for future value creation. MAJOR CAPITAL IMPROVEMENTS ALREADY COMPLETED: All plumbing fully replaced Three brand-new water heaters installed Electrical work approximately 50% completed The property is being sold AS-IS, offering investors the opportunity to complete the renovation, increase rental income, and unlock strong returns ’. Conveniently located near restaurants, schools, cafes, churches, and entertainment, ensuring strong rental demand. Don't miss this rare opportunity to acquire a licensed quadruplex with significant income potential. ”‘

Property Details of 902 S 47th Street

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