One of a kind opportunity in a fantastic downtown location. An existing renovated turnkey rental property on a huge buildable lot. Four units each with 2 bedrooms and 2 full baths. The units feature, Hardwoods, Kitchens with Granite Counters, Wood Cabinetry and Stainless Appliances. Beautiful Wood Windows and Washer Dryer in Each unit. The lot - as a matter of right affords the ability to build over an additional 12,000 square feet of residential space. Resale prices in the immediate area approach $900 per square foot. The potential return is phenomenal. The existing building and income afford a unique circumstance and opportunity for financing and immediate cash flow. The location is unbeatable - Metros, Restaurants, Retail, The Arts and one of the few remaining development opportunities left. The numbers work now and the potential long term gain is unparalleled.
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