Great corner lot for townhomes on an alley, 3 blocks from Magnolia Playfield and seven blocks from the Magnolia shopping center. The 5900sf lot is perfect for developing 5 townhomes under LR1 (M) zoning. Current permitting allows 1 unit per 1,150sf under this zoning. The current apartment houses have four units that are 2 bedroom 1 bath each which currently produce an annual NOI of $63,814 while permitting. Apartments have washer/dryers and there are 4 parking spots off of the alley. Please do not bother the Tenants.
Sold
Zillow last checked:
Listing updated:
Bought with:
Non Member ZDefault
ZNonMember-Office-MLS
Source: NWMLS as distributed by MLS GRID,MLS#: 2250709
Price history
| Date | Event | Price |
|---|---|---|
| 5/15/2025 | Sold | $1,225,000-15.5% |
Source:  NWMLS as distributed by MLS GRID #2250709 Report a problem | ||
| 2/7/2025 | Pending sale | $1,450,000 |
Source: NWMLS as distributed by MLS GRID #2257616 Report a problem | ||
| 1/22/2025 | Listed for sale | $1,450,000+141.7% |
Source: NWMLS as distributed by MLS GRID #2250709 Report a problem | ||
| 9/10/2004 | Sold | $600,000+84.6% |
Source: NWMLS as distributed by MLS GRID #24074066 Report a problem | ||
| 10/10/1997 | Sold | $325,000 |
Source: Public Record Report a problem | ||
