Calling all investors! This is an amazing opportunity to secure a large parcel .39 acres - lot size is 110 x 155. CURRENTLY ZONED SH-RS. There are many different scenarios here that could be considered. Divide the lot into 3 lots, all facing North towards Elm Street and the park. Each lot would be approx. 52 feet wide and 110 feet deep. Build 3 single family homes, with a back alley garage entrance off Elm Street. City would require builder to put in a sidewalk on the north side (Elm Street). Depending on the finishes, a SFH with approx 1800 -2000 SF should retail out for about $600,000 to $650,000. OR - Split the lot down the middle and build 2 new homes facing 13th Street. Lot size in this scenario would be 55 x 155. Additionally, you could keep the fixer on the north side of the property, (includes a detached large garage/workshop that could be built out to be a guest cottage or rental) fix it up to rent or flip and build a new home on the south lot facing 13th. OR - you could just buy the fixer on the north side for a reduced price, OR buy just the lot on the south side for a reduced price. Call now to explore the many possibilities on this money making opportunity! Flood Zone X - property is high and dry. Large oak in center of lot has lost most of its canopy. Home on property is being sold as-is.
