LISTED BELOW ASSESSED VALUE & ADD MORE UNITS! 4 twos and 10+ parking with existing return of 5.08% (not including laundry). Gross income is $5100/mo. Expenses=$350/mo for water $200/mo repairs/maint $1500/year for insurance, $2909/year RPT, $2855/year GET, self-managed. Tenants pay electric. Keep the existing building and develop the rest. 10, 207 sf of A2 zoned land Zone D — low risk flood zone so lender won't require flood insurance. Land Use Ord. allows 50% lot coverage or approx. 5, 103.5 building footprint. Height limit 60 feet, approx. 13, 309 sf total allowable improvements. Talk to your architect to explore the possibilities of development!
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on Saturday, October 21, 2017. Information is deemed
reliable but not guaranteed. Copyright: 2017 by HiCentral MLS, Ltd. Listing courtesy of Commercial Inv. Strategies