Calling all developers or investors looking for a lucrative covered land opportuntiy priced at pre-zoning change values. This 3-bedroom, 2-bathroom home with a detached garage is located within a designated Activity Center just a quarter mile from the SunRunner rapid transit line, directly in the path of a significant zoning change that now allow buildings up to 86 feet tall and up to a FAR of 5.0 (allowing 25,000 square feet), with no minimum parking requirements. Developers and investors: this is a classic covered land play, collect rental income on the existing home while positioning for a mid-rise or mixed-use development as the surrounding corridor transforms into the walkable, mixed-use district it's being rezoned to become. The detached garage offers strong conversion potential into a 1-bedroom, 1-bathroom rental unit as well, adding income to your investment. For the homeowner or flipper, this is a solid residence in a neighborhood on the verge of a major shift, live here, rent it, or hold it. Priced before the market catches up.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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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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