932 E 50th Street
932 E 50th Street
932 E 50th Street
932 E 50th Street
932 E 50th Street
932 E 50th Street
932 E 50th Street
932 E 50th Street
932 E 50th Street
932 E 50th Street
932 E 50th Street
932 E 50th Street
932 E 50th Street
932 E 50th Street
932 E 50th Street
932 E 50th Street
SEE ALL PHOTOS
932 E 50th Street
932 E 50th Street
932 E 50th Street
932 E 50th Street
932 E 50th Street
932 E 50th Street
932 E 50th Street
932 E 50th Street
932 E 50th Street
932 E 50th Street
932 E 50th Street
932 E 50th Street
932 E 50th Street
932 E 50th Street
932 E 50th Street
932 E 50th Street
Active Under Contract

932 E 50th Street

Private Address

$455,000
**Captivating Investment Opportunity: 1880's Victorian & Brick Coach House** Welcome to a rare gem in the Kenwood/Hyde Park Community. Nestled on a sprawling 19,000+ square feet lot, this property presents an exceptional investment opportunity for savvy investors seeking prime real estate for development. **Property Highlights:** - **Historic Charm:** Built in the 1880s, the Victorian residence exudes timeless elegance, while the brick Coach House adds character and versatility to the property. - **Expansive Lot:** Spanning over 19,000 square feet, this sizable lot boasts a length of 284 feet, offering ample space for various development possibilities. - **Premier Location:** Situated in a coveted location, the property enjoys easy access to major amenities, renowned schools, and vibrant entertainment hubs, making it an ideal choice for prospective buyers. - **Alley Access:** With alley access on the entire east side and north end of the lot, developers have the convenience of easy ingress and egress for construction purposes, enhancing the appeal for potential projects. **Development Potential:** The generous lot size and strategic location make this property an excellent canvas for development projects such as: - **Row-Homes:** With the lot's dimensions, there's potential for the creation of row-homes, catering to the demand for upscale urban living. - **Condo Building:** Explore the possibility of constructing a modern condo building, offering luxury residences that capitalize on the area's desirability. - **Multi-Unit Development:** Utilize the vast space to develop a multi-unit residential complex, accommodating the growing demand for rental properties in the area. **Property Details:** - **Victorian Residence:** Offering approximately 5500 square feet of living space, the Victorian residence awaits restoration, presenting an opportunity to breathe new life into its historic charm. - **Brick Coach House:** Comprising approximately 3000 square feet, the Coach House provides additional space and potential for renovation or repurposing to suit your vision. **Renovation Opportunity:** While the Victorian and Coach House are in need of renovation, this presents a blank canvas for investors to reimagine and revitalize these structures, adding significant value to the property. **Don't Miss Out:** Rarely does an opportunity of this caliber present itself. Whether you're an experienced developer or an investor seeking to diversify your portfolio, this property offers endless potential and promises substantial returns on investment. Contact us today to schedule a viewing and unlock the possibilities that await with this remarkable real estate opportunity.

7
beds

6
baths

5,500 Sq.Ft. LIVING AREA

0.44 Acres lot

image

Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.
Thank you for your interest in . We are reviewing your request and will be in touch shortly!
Paulette Edwards

Paulette Edwards

Sybil Martin

Sybil Martin

Features & Amenities

Interior

  • total bedrooms7
  • Total bathrooms6
  • full bathrooms5
  • half bathroom1
  • Fireplace Wood Burning, Decorative, More than one
  • other interior Features Hardwood Floors, First Floor Laundry, Second Floor Laundry, Built-in Features, Walk-In Closet(s), Ceiling - 10 Foot, Historic/Period Mlwk, Special Millwork, Separate Dining Room, Pantry, Plaster

Area & Lot

  • Status Active Under Contract
  • Living Area5,500 Sq.Ft.
  • Lot Area0.44 Acres
  • MLS® ID12020593
  • TypeResidential
  • YEAR BUILT1880
  • NeighborhoodKenwood
  • Architecture StylesVictorian
  • School District299

Exterior

  • Garage Space4.0
  • water SourceLake Michigan, Public
  • parkingOff Alley, Off Street, Driveway, Alley Access, Carriage House, Expandable, Storage
  • HEAT TYPENatural Gas
  • AIR CONDITIONINGNone
  • sewerPublic Sewer

Financial

  • Sales Price$455,000
  • Real Estate Tax $23,393/yr

Mortgage Calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.
$0,000 Your Payment 20 15 65
$0,000 Your Payment

Kenwood

Explore

Work With Us

At Coldwell Banker Residential Brokerage, we will take care of all your home buying needs. From researching communities to showing available properties to negotiate on your behalf, we will be with you every step of the way.