Riverside/Avondale Income + Owner/Occupant opportunity--King Street Corridor! 1031 Exchange opportunity! Restored 1924 Craftsman bungalow (2747 Forbes St) 3BR/1BA/1270 sqft main house plus a detached (2745 Forbes Street) 1BR/1BA/600 sqft apartment over the 2-car garage: separate building, separately metered, most recently leased at $1,225/mo (one garage assigned to detached unit; one garage assigned to main house). Projected combined rents ~$3,475/mo (~$41,700/yr).…
The Story
2747 forbes street
Riverside/Avondale Income + Owner/Occupant opportunity--King Street Corridor! 1031 Exchange opportunity! Restored 1924 Craftsman bungalow (2747 Forbes St) 3BR/1BA/1270 sqft main house plus a detached (2745 Forbes Street) 1BR/1BA/600 sqft apartment over the 2-car garage: separate building, separately metered, most recently leased at $1,225/mo (one garage assigned to detached unit; one garage assigned to main house). Projected combined rents ~$3,475/mo (~$41,700/yr). Heavy lifting done: Ram Jack foundation, new roof on both structures, new HVAC, updated electrical, new water heater. Flexible use: Multi-generational, rental, in-law/guest, studio, or home office. Original hardwoods, updated kitchen & bath, historic character throughout. Moments from 5 Points, Willowbranch & Riverside Parks, and the Shoppes of Avondale. Combined building area reflects both structures incl. garage. Main house rents projected: buyer to verify income, expenses, square footage, schools & use.
Facts & Features
Property Info
Price
$400,000
Completion Year
1,924
Living Space
1,270 sq ft
Floors
1
Bedrooms
3
Bathrooms
1
Garage
2 spaces
Features & Amenities
Garage / Parking
Secure and convenient space for cars, scooters, or guest vehicles.
Central Cooling
Stay comfortable year-round with efficient climate control.
Heating
Warm, cozy interiors for every season.
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