For sale Home

Listed May 28, 2026

$1,049,000 Est. $6,938/mo

720 North 2nd Street

  • 5

    Beds

  • 5

    Baths

  • 2,235

    Sq ft

The story

Exceptional opportunity to acquire a recently rebuilt, purpose-designed shared living property offering a variety of income-producing residential care and housing opportunities. Situated on a spacious 1-acre lot within an Opportunity Zone and offering room for future development, this turnkey property features 5 bedrooms and 5 bathrooms, including four private suites, each with its own bathroom, closet, and kitchenette. A fifth bedroom includes a private closet and convenient access to a shared bathroom. Rebuilt from the ground up with new roof, plumbing, electrical, HVAC systems, insulation, windows, fixtures, and finishes throughout, the property was thoughtfully designed to balance privacy, comfort, and operational efficiency. Common amenities include a spacious shared kitchen, living room, pantry, and laundry facilities. Additional features include fully owned solar panels, a fire sprinkler system, individual mini-split HVAC systems with separate thermostatic controls for each room, fully insulated interior walls for enhanced sound reduction, keypad entry, and abundant storage throughout. The flexible layout is ideally suited for assisted living, residential care, senior housing, sober living, recovery housing, transitional housing, group home operations, co-living arrangements, rent-by-the-room housing, short-term rentals, or an extended-stay lodging concept. The expansive 1-acre parcel provides ample parking, outdoor recreation space, gardening opportunities, and significant expansion potential, subject to local regulations. Whether you're an owner-operator, investor, or developer seeking a unique income-producing asset, this property offers exceptional versatility, modern construction, minimal deferred maintenance, and long-term upside.

Facts & features

Home type

Home

Year built

1918

Floors

1

Lot size

1 acres

Price per sq ft

$469

Parking

2-car garage

Included features

  • Cooling

    Ceiling Fan(s), Ductless, Multi Zone

  • Heating

    Ductless, Electric, Multi Zone

  • Appliances

    Dishwasher, Disposal, Microwave, Plumbed For Ice Maker, Electric Water Heater, Free Standing Electric Range

  • Flooring

    Luxury Vinyl Plank

  • Roof

    Shingle

  • Lot Information

    Corner, Split Possible, Low Maintenance

  • Water Source

    Public, Meter on Site

  • Sewer

    Public Sewer

Mortgage calculator

Estimated monthly payment

$6,938 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $5,583
  • Property tax $1,049
  • Insurance $306

Includes principal, interest, taxes & insurance.

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Listing Broker

Century 21 Select Real Estate

Broker Name

Century 21 Select Real Estate

Agent

Troy Ross

Phone

8926111