HUGE PRICE REDUCTION. Calling all developers. Big lots this size are rarely available. City supports 6-plex with reduced parking, potentially 8-plex build opportunity (or more if creative). City also supports subdivision and construction of two triplexes. Here is an opportunity to build brand new multifamily units with massive lot size. Double lot. Lot is 50X150 giving you a total sqft lot size of 7357. $19,983 per unit of land and potentially for less if more units are approved. Build, refinance and pull your equity out or keep your investment in the properties and cash flow high, you decide. See city's comments and support via supplements for further information
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Listing data last updated date: 2021-07-21 19:31:03
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Listing Agent: Royce Finley
Brokerage: Royal LePage Prime Real Estate