Description
This is a rare investment opportunity!Exploring the potential of land development reveals several possibilities. Every 20, 000-square-foot plot can accommodate a single-family house, for a total of 12 houses. However, if it is built as a 55+ community, the same area can have 22 single-family units. If you choose to build multi-dwelling buildings, you can build 5 buildings, each with 15 units. For instance, there are 2 beautiful renovated houses, The current rent is $5, 350 Monthly and, $64, 200 yearly Starting September 2025 rent will be $6, 150 Monthly, and $73, 800 yearly. The property has municipal water and municipal sewer. This site is very builder-friendly, Wide open, with no rock or ledge, and very accessible to retail, within walking distance of all amenities. Don’t miss this one!
More Property Details
Bedroom: 7
Full Bath: 3
Lot Size: 6.9
Lot Sq Ft: 300564
Parking Spaces: Yes
Parking Spaces: 1
Parking Facilities: Attached, Storage
Heat: Natural Gas, Forced Air
A/C: None
Water: Public
Sewer: Public Sewer
Taxes: $16,619
School District: Pine Tree Elementary School