Property Back to Market Report Property

9 Babbitt Court, Elmsford, NY 10523

$550,000
2
BD
1
BA
1,400
SqFt
Property Back to Market Report Property
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List Price
$550,000
Status
ACTIVE
MLS#
1037210
Year Built
2020
Style
A-Frame
Bedrooms
2
Bathrooms
1
Acres
0.24
Living Area
1,400
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Property Description

2 LOTS • DEVELOPMENT OPPORTUNITY • $176K FEMA GRANT Rare **investment & development opportunity** in Riverside Manor, Town of Greenburgh. 2 LOTS • POTENTIAL TO BUILD 2 HOMES Based on preliminary discussions with the **Town of Greenburgh**, the property has potential to be subdivided to develop: **2 Single-Family Homes** **Approx. 5,000 SF Each** **5 Bedrooms • 4 Bathrooms Each** **Projected Resale: Approx. $1.1M Each** **Potential Combined Resale: Approx. $2.2M** APPROX. $176,000 FEMA GRANT Property participates in **FEMA HMGP Project #4480-0076**, providing an additional major benefit to this investment opportunity. Perfect for **Builders • Developers • Investors • Fix & Flip • Fix & Hold** TWO LOTS. TWO HOMES. BIG POTENTIAL.

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Additional Information

Taxes
$2,707
Lot Size
10,408
Interior Features
First Floor Bedroom
Heating
Electric
Cooling System Type
Ductwork
Sewer
Public Sewer
Water Source
Public
Appliances
Other
Elementary School
Alice E Grady Elementary School
Middle School
Alexander Hamilton High School
High School
Alexander Hamilton High School
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Listing courtesy of Listing Agent: Francisco Espaillat (FrankEspaillatTheRealtor@gmail.com) from Listing Office: Real Broker NY LLC.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.