Detached Single-Family Home on a 25 by 100 lot, occupied by month-to-month tenants, providing an annual short-term income while planning for re-development.
VERY LOW PROPERTY TAXES less than $4000 per year
Development potential and zoning info:
-Zoning: 25'x100' lot - R5
-5,000 sq ft, to build at least 5 apartments/condos and a community facility.
Or
-3,750 sq ft up to 5 units as condo or rentals without a community facility.
Buyers must perform their own due diligence to confirm applicability.
Great tenant in place on a month-to-month basis and collect rental income until plans are approved and construction is ready to start. The property may also be delivered vacant upon request.
Please do not visit the property without scheduling through the listing agent, and do not disturb the tenants.
Brokers welcome! Bring your offers.
Disclosures: The listing broker is also a part owner of the property.