• 48-51 BLOCK ST PHILMONT, NY 12565

  • 4,896 SqFt
  • Vacant Land / REO Foreclosure

Property Details for BLOCK St, PHILMONT, NY 12565

Features

Facts

Description

This is an REO, meaning this property has been foreclosed on because the owner couldn't meet their payments. The bank now owns this property. Most banks are not set up to own homes, and are often motivated to sell you the home at a discounted price.

Here is your chance for a fresh new build. One of the last build-able multifamily lots in the Village of Philmont. This unique property offers 3 different build-able options. Included in the sale of this property is approved architectural stamped plans to build a four family rental property.Your options to build are as followed:1. Single family home2. Duplex home for you to live in one side and rent the other or simply rent both sides for investment purposes.3. Four family investment property for you to live in one unit and rent the other three units or simply rent all four units for investment purposes.This lot is serviced by municipal water & sewer, electric & cable on the road. Quiet one way street.Broker Owned.

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