Description
Here is your opportunity to own a piece of history! This Historic home was built by prominent business owner T. Rowe Price and is located in the Historic District of Sudbrook Park. Eligible for Local, State and Federal Historic Tax Credits up to $800,000 or more! HUGE VALUE IN JUST THE TAX CREDITS ALONE! Currently, this home is a zoned residential 5-unit building. Some great features are high ceilings, fireplaces, hardwood floors, and detached garages with storage for all 5 units. Any and all work will need to be approved by the local Historic Society as this neighborhood preserves all of the grandeur of its historic past. Exterior is in disrepair, but interior shows very well. This home sits on over 2 acres on a secluded corner lot with 2 separate entrances. With over 10,000 sq. ft., vast grounds with stately trees in a park-like setting, this home and property could be a great assisted living/rehab facility or company retreat. Or convert it back to its original splendor as a single family home. WOW!Home being sold As-Is but Seller has plans/drawings for the 5 -unit layout , with each unit consisting of 3 bedrooms and 2 full baths. And Seller can provide pricing breakdown of renovation costs. Also, he can assist in the renovation as a General Contractor, if needed. This is a one-of-a-kind home in a fantastic neighborhood and is close to everything. Don't let this great income opportunity pass you by to own a piece of history and use the Historic Tax Credits to pay for most, if not all, of your renovation costs. WOW!
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0BEDS
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2.05ACRES
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0BATHS
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01/2 BATHS
Description
Here is your opportunity to own a piece of history! This Historic home was built by prominent business owner T. Rowe Price and is located in the Historic District of Sudbrook Park. Eligible for Local, State and Federal Historic Tax Credits up to $800,000 or more! HUGE VALUE IN JUST THE TAX CREDITS ALONE! Currently, this home is a zoned residential 5-unit building. Some great features are high ceilings, fireplaces, hardwood floors, and detached garages with storage for all 5 units. Any and all work will need to be approved by the local Historic Society as this neighborhood preserves all of the grandeur of its historic past. Exterior is in disrepair, but interior shows very well. This home sits on over 2 acres on a secluded corner lot with 2 separate entrances. With over 10,000 sq. ft., vast grounds with stately trees in a park-like setting, this home and property could be a great assisted living/rehab facility or company retreat. Or convert it back to its original splendor as a single family home. WOW!Home being sold As-Is but Seller has plans/drawings for the 5 -unit layout , with each unit consisting of 3 bedrooms and 2 full baths. And Seller can provide pricing breakdown of renovation costs. Also, he can assist in the renovation as a General Contractor, if needed. This is a one-of-a-kind home in a fantastic neighborhood and is close to everything. Don't let this great income opportunity pass you by to own a piece of history and use the Historic Tax Credits to pay for most, if not all, of your renovation costs. WOW!
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