Knight Street is regentrifying! 40'x165' (.129sf) lot. R-3 permits duplexes independent of owner living in them. This property falls within the GRACE STREET CONSERVATION AREA Rehabilitation Infill Zone which may make it eligible for the City's Real Estate Rehabilitation and Renovation Program. This program grants real estate tax exemptions for eligible and qualified properties under rehabilitation/renovation. New construction on vacant parcels in select inner city areas now qualifies for a partial real estate tax exemption. Vacant parcels located in select districts identified on Map of Rehabilitation, Redevelopment and Conservation Districts. Select areas of the City can apply for a 50% exemption based on the cost of new construction. Exemption periods are as follows: Ten years for residential. Three year phase-out at 25% per year starting year 7. Tax exemption can be transferred to new owner.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
