Prime Development Opportunity – Approved Duplex Lot with Up to 8 Units Potential
Exceptional investment opportunity in a rapidly growing area. This lot is approved for duplex construction, with the potential to develop up to 8 residential units, making it an ideal project for investors seeking strong rental income and long-term appreciation.
Municipal sewer infrastructure improvements are scheduled to begin this year, adding significant value and future marketability to the property. The sewer, water and irrigation assessments have already been applied to the current tax bill, providing full transparency and allowing investors to accurately project holding and development costs.
This property offers excellent potential for multi-unit income generation in a market with increasing demand for residential housing. Whether you are planning to build and hold for cash flow or develop for resale, this lot represents a strategic addition to any real estate portfolio.
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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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