9 Babbitt Court, Elmsford, NY 10523

$550,000
2
BD
1
BA
1,400
SqFt

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List Price
$550,000
Days on Market
86
MLS#
1037210
Status
ACTIVE
Property Type
Single Family Residence
Style
A-Frame
Year Built
2020
Property Tax
$2,707
Neighborhood
Elmsford
School District
Elmsford
High School
Alexander Hamilton High School
Jr. High
Alexander Hamilton High School
Elementary School
Alice E Grady Elementary School

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.

Additional Information

Bedrooms
2
Bathrooms
1
Full Baths
1
Square Footage
1,400
Acres
0.24
Parking
Driveway
Heating
Electric
Cooling
Ductwork
Water
Public
Sewer
Public Sewer

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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.