Description
Sitting on 1.25 acres, this property offers you the feel of living in the country while in the city. Though there is an existing single-level ranch style home, the value is in the lot, zoned R-1-6. Newer homes on one side and triplexes on the other. Public utilities are at the street and lot. Residence is on a well but connected to City sewer. Leased until 11/31/2022 to great tenant who would like to stay awhile; this is a wonderful rental until development commences. City says 8-10 units +or-. Sandwiched between two dense subdivisions, the highest and best use is new development. Develop now or buy and hold.
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2BEDS
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1.25ACRES
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1BATHS
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01/2 BATHS
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1,154SQFT
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$672$/SQFT
School Ratings & Info
Description
Sitting on 1.25 acres, this property offers you the feel of living in the country while in the city. Though there is an existing single-level ranch style home, the value is in the lot, zoned R-1-6. Newer homes on one side and triplexes on the other. Public utilities are at the street and lot. Residence is on a well but connected to City sewer. Leased until 11/31/2022 to great tenant who would like to stay awhile; this is a wonderful rental until development commences. City says 8-10 units +or-. Sandwiched between two dense subdivisions, the highest and best use is new development. Develop now or buy and hold.
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