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!
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7BEDS
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6.9ACRES
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3BATHS
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01/2 BATHS
School Information
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!
© 2025 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Howard Hanna Rand Realty. Data last updated: 2025-04-25T23:18:21.71.