Property Description

INVESTMENT OPPORTUNITY IN YORK CITY! 721 Jessop Place presents an exciting opportunity for investors and owner-occupants alike! This approximately 1,736-square-foot property has recently received zoning approval for conversion into a two-unit building, offering excellent potential for rental income and long-term value. The proposed layout features a one-bedroom unit on the first floor with projected rent of approximately $1,000/month, and a spacious three-bedroom, one-bath unit spanning the second and third floors with projected rent of approximately $1,800/month. Once completed and stabilized, the property could generate an estimated $2,800 per month or $33,600 annually in gross rental income! Additional highlights include private rear parking pad, convenient street parking, and a shared entry vestibule. There may also be potential to rebuild a garage on the rear parking pad, subject to necessary approvals. Located near Jackson Street and York College, this property offers flexibility for a traditional rental investment or an owner-occupant looking to live in one unit while renting the other. With an attractive price point and strong projected income potential, this is an opportunity you won't want to miss. Schedule your showing today!

Property Features

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