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Welcome to the home of potential on Newhall. Set on a quiet, tree-lined street in Germantown, this property is ready to be renovated to its original beauty, adding instant equity and long-term value in an appreciating neighborhood. A smaller, comparable home on the block recently sold for $425,000 after renovation, positioning this home for a potential resale of $450,000 or more once completed. The home features a large rear addition. Most recently used as a single-family residence, the back portion can be converted into an in-law suite for multi-generational living or into a separate unit. Zoned RTA-1, the property offers the opportunity to convert to a multi-family home or preserve that right for future value appreciation. Currently configured as 5-6 bedrooms and 3 bathrooms, the home offers generously sized rooms throughout, providing flexible layouts and comfortable living spaces. If the main house is retained and the rear addition is converted into a rental or in-law unit, the main residence would include 4 bedrooms and 2 bathrooms. The rear unit would feature a private side entrance leading into a living room and kitchen, a full bathroom on the main level, and an upstairs bedroom with a sitting room that could be converted into an additional bathroom. The seller is ready to sell. Schedule a showing and bring your offer-we're excited to see how you help the home on Newhall fulfill its potential.
Listed by Cassidee Curran of Compass RE

Property Details of 5124 Newhall Street

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