Best value is in the land. Zoned LR3 RC(M). Permits in process to build 5 townhomes on back of property plus a 10 unit street facing apartment building with 2 ground floor commercial spaces. Permits will be included in the price. Property will provide a nice income stream until you are ready to develop. Existing 4-plex has been updated with 4 identical 1 bdrm units plus an unfinished basement with laundry area and room to potentialy add another unit. Seller in process of installing a new roof. Plenty of parking in the back. Light rail station is only 2 blocks away. Architectual renderings available by request.
Listed by:
CENTURY 21 North Homes Realty
Date | Days Ago | Event | New Price |
---|---|---|---|
Apr 4, 2024 | 25 days ago | Price decreased200,000 (9%) | $2,100,000 |
Feb 15, 2024 | 2 mos ago | New on market | $2,300,000 |