Discover your ideal abode on this expansive lot nestled in one of the most coveted locales. Rarely do parcels of this magnitude surface. This property, a corner jewel, currently hosts a tenant who contributes $3,300 monthly, totaling $39,600 annually. Their lease extends until July 2025, ensuring stability. Your options abound: You can buy this as is with a tenant or construct a brand new single-family residence spanning three levels with a 2-car garage, or explore the potential for (4) 2-bedroom units, promising a lucrative $16,000 monthly income as a rental asset. Brand new homes can sell for $2,500,000–$2,900,000.Envision your masterpiece; the seller is open to financing for the right developer. Seize this chance – your dream awaits.
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Listing information last updated on May 3rd, 2024 at 7:45pm CDT.