2215 Glenmary Ave

Description

This property presents a unique opportunity for a buyer seeking a substantial residential asset with size, versatility, and a number of meaningful improvements already in place. The property offers a strong combination of functionality, scale, and flexibility, with features that may appeal to a variety of residential or residential-oriented uses, subject to a buyer's own due diligence and intended use. The property is being sold as is, and the seller is offering a $10,000 concession at closing, creating an added benefit for a purchaser as they plan for their transition, updates, or future improvements. In addition, any personal property remaining at closing shall convey with the property and become the responsibility of the buyer, which may represent further value & convenience depending on the buyer's plans. Over time, the property has benefited from a number of substantial improvements that reflect consistent investment by ownership. Approximately $88,000 in improvements were completed around 13 years ago, providing a solid foundation for the property's current condition. The original structure is reported to have a roof approximately 12 years old, which is another meaningful capital component. In addition, all gas lines were reportedly replaced approximately 10 years ago, indicating further investment into the core infrastructure. More recent updates continue to enhance the overall appeal and usability of the property. The seller reports approximately $30,000 in plumbing improvements, including the installation of 8 new toilets completed by Daunhauer and Drexler. The main level has also been refreshed with new luxury vinyl flooring and fresh interior paint completed in 2023, contributing to a clean and updated presentation. The private owner's quarters feature a fully renovated bathroom, including a walk-in shower replacing the previous tub, offering a more modern and functional layout. Additional improvements include a chimney that has been tuckpointed and the installation of a solid emergency exit door. The property is also equipped with approximately 10 fire extinguishers and a commercial-grade fire suppression system over the stove, enhancing the overall functionality and safety features. The kitchen has been recently refreshed with paint, updated hardware, and soft-close hinges, providing a more contemporary feel. The property also includes three separate laundry areas, each equipped with a washer, dryer, and utility sink, offering added convenience throughout. Security and technology features include an extensive system with approximately 20 Ring cameras, which may remain, along with approximately 8 to 10 smart TVs. Many rooms are furnished with beds, chairs, and lamps. The seller does anticipate removing select furnishings for a future residence, including items consistent with a two-bedroom setup, and this may include a personal washer and dryer set. However, a substantial amount of personal property may remain and could provide additional value to the next owner. Overall, this is a property offering scale, flexibility, and a strong base of improvements already in place. With the seller's concession, as-is structure, and the potential for personal property to convey, this opportunity presents meaningful value for a buyer seeking a large residential property with both functionality and upside.