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!
2,560 Sq Ft
6.9 Private Acres Exterior Space
Investment
$16,619 Annual Tax
Built in 1900
MLS/Listing ID H6336208
3 Units
Hardwood
Heating - Forced Air
Lot - Near School
Parking - Attached
Construction - Wood Siding
Heating - Natural Gas
Washer/Dryer Hookup
Lot - Near Public Transit
Parking - Storage
Style - Craftsman
Construction - Frame
Listing Courtesy of EXIT REALTY VENTURE, MENDEL KLEIN - 845-608-1531
Source of Data: ONEKEY MLS