Description
Proudly presenting an excellent piece of infill residential property zoned R2-D. This listing features two separate parcels which combined offer just over 1 acre of prime land ready to develop. Ideally situated in the Collister Neighborhood of the proposed State Street Corridor Transit Oriented District, the property is zoned R-2D, which is good for higher density single family or multifamily development. P&Z stated a possible zone change approval to C-2 based on the site location within the Mixed Use district in the comp plan which allows 43.5 units per acre. Currently there are 3 single family homes on the properties and they are currently bringing in almost $3,000 a month and their projected rents are closer to $4,000 income a month. 3519: $950/month for front house with market rent potential at $1200 and $775/month for ADU with projected rent at $950. 3525: $1,150/month. market rent potential is $1,750. Seller pays taxes/insurance.
Directions: Go North on North Street just west of Collister,
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7BEDS
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1.04ACRES
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3BATHS
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01/2 BATHS
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2,116SQFT
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$517$/SQFT
School Information
Courtesy of Silvercreek Realty Group.Description
Proudly presenting an excellent piece of infill residential property zoned R2-D. This listing features two separate parcels which combined offer just over 1 acre of prime land ready to develop. Ideally situated in the Collister Neighborhood of the proposed State Street Corridor Transit Oriented District, the property is zoned R-2D, which is good for higher density single family or multifamily development. P&Z stated a possible zone change approval to C-2 based on the site location within the Mixed Use district in the comp plan which allows 43.5 units per acre. Currently there are 3 single family homes on the properties and they are currently bringing in almost $3,000 a month and their projected rents are closer to $4,000 income a month. 3519: $950/month for front house with market rent potential at $1200 and $775/month for ADU with projected rent at $950. 3525: $1,150/month. market rent potential is $1,750. Seller pays taxes/insurance.
Directions: Go North on North Street just west of Collister,
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