Description
427 Gramercy Lane | Investment Opportunity with Rental Income Potential!Attention investors and buyers seeking income-producing opportunities! Discover the potential of 427 Gramercy Lane, a 3-bedroom, 2-bath home offering 1,480 square feet of living space on a spacious half-acre lot in a rural setting. Built in 1998, this property offers multiple possibilities for investors looking to expand their rental portfolio, generate additional income, or explore a value-add investment opportunity. The generous lot may accommodate an additional manufactured home, creating the potential for a second rental unit and multiple income streams, subject to applicable zoning, permitting, and utility requirements. Recent improvements include new ceramic tile flooring in both bathrooms (March 2026). The property also features an above-ground pool with a new liner on order and a termite bond through Grossette Pest Control. Whether you're looking for your next rental property, an investment with expansion potential, or a home with room for an additional residence, 427 Gramercy Lane offers flexibility and possibilities. Home shows as 106 Cold Dr on tax map.Schedule your private showing today and explore the investment potential! Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.
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3BEDS
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0.46ACRES
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2BATHS
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01/2 BATHS
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1,280SQFT
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$117$/SQFT
School Information
Description
427 Gramercy Lane | Investment Opportunity with Rental Income Potential!Attention investors and buyers seeking income-producing opportunities! Discover the potential of 427 Gramercy Lane, a 3-bedroom, 2-bath home offering 1,480 square feet of living space on a spacious half-acre lot in a rural setting. Built in 1998, this property offers multiple possibilities for investors looking to expand their rental portfolio, generate additional income, or explore a value-add investment opportunity. The generous lot may accommodate an additional manufactured home, creating the potential for a second rental unit and multiple income streams, subject to applicable zoning, permitting, and utility requirements. Recent improvements include new ceramic tile flooring in both bathrooms (March 2026). The property also features an above-ground pool with a new liner on order and a termite bond through Grossette Pest Control. Whether you're looking for your next rental property, an investment with expansion potential, or a home with room for an additional residence, 427 Gramercy Lane offers flexibility and possibilities. Home shows as 106 Cold Dr on tax map.Schedule your private showing today and explore the investment potential! Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.
© 2026 Consolidated Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Realty One Group Redefined | One Luxe International. Data last updated: 2026-10-17T17:40:15.53.