Description
A completely remodeled 3 bed / 2 bath Single Family Residence with zoning that allows for up to 5 stories, fronting the high-traffic NW 7th Avenue corridor. This lot offers the future development opportunity to recognize up to 11 units for attainable mixed-income housing, with existing plans in the works. With the ability to net over $25,000 annually without additional improvements, this property is best seen as a covered land play for a developer looking to take advantage of the strong redevelopment incentives the zoning affords in the future while capitalizing on the in-place income for the shortterm as the neighborhood continues to grow and thrive.
School Ratings & Info
Description
A completely remodeled 3 bed / 2 bath Single Family Residence with zoning that allows for up to 5 stories, fronting the high-traffic NW 7th Avenue corridor. This lot offers the future development opportunity to recognize up to 11 units for attainable mixed-income housing, with existing plans in the works. With the ability to net over $25,000 annually without additional improvements, this property is best seen as a covered land play for a developer looking to take advantage of the strong redevelopment incentives the zoning affords in the future while capitalizing on the in-place income for the shortterm as the neighborhood continues to grow and thrive.
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