Rare and compelling development opportunity with substantial land value. Per preliminary feasibility, the site may support 9 single-family homes, 20 cottages, or 26 townhomes. Preliminary feasibility package available upon request. Buyer to verify all information and development potential to their own satisfaction Property currently includes 2 existing single-family homes: a 3,070 sq ft main residence built in 1944 with 4 bedrooms, 2.5 baths, 2 fireplaces, 500 sq ft basement, forced air heat, open porch, and attached 580 sq ft garage; and a second home built in 1989 with 1,120 sq ft, 2 bedrooms, 1 bath, basement, electric baseboard heat, and attached 1,400 sq ft garage. Public utilities are available. Both homes are in average condition. Ideal for builders, developers, or investors looking for a property with multiple potential exit strategies. Buyer to complete all due diligence regarding feasibility, zoning, density, utilities, permits, and entitlement requirements.
This listing is provided courtesy of NWMLS, contributed by Armada Homes Real Estate LLC.
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