Buy now, build soon. Split this lot into 7 condo units. Currently this property has 3 detached homes, each with a private yard and garage. This multi-unit has strong cash flow with 30% down. The front: 3 bedroom 2 bathroom rented for $1925, middle unit is 2 bedroom 1 bathroom rented for $1200, and back unit 2 bedroom 1 bathroom rented for $1280. This is a fabulous opportunity to build and sell as new construction separate residential units or hold them under 1 portfolio with great cash flow. Developers take note of this property ready for more units.
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