An exceptional opportunity for investment and future development double lot package. Sold together with 843-845 N Alfred Street, in prime location by Melrose Place, presents dual properties on corner lot with ally behind on a huge combined lot size of 14,337 square feet. 849-851 features 2 residences with 2 bedrooms and 1.5 bath and 2 residences with 2 bedrooms and 1 bath. The building was recently renovated with brand new plumbing, electrical, structural and foundation, windows, floors, kitchens, bathrooms, appliances, with in-unit washer dryer. Combined with 843-845 (see MLS#22-134167), these properties are offered as a package at $11,900,000 and provide the future opportunity for the potential development of 34 residences.