Value in the land. Zoned DNO-RMF-22. Allows for high-density multi-family residential uses with a maximum density of 22 units per acre. The district also allows attached residential, live,work units, and residential units over ground-floor non-residential uses. Presently 6 units. Monthly gross scheduled rent is 3350. 1 unit vacant. 4 units under lease until 12-31-17. 1 unit is month to month. Owner pays all utilities. Unit 3 is vacant and can be shown. Present Tenants have been there long term. Do not disturb Tenants. Buildings have lots of deferred maintenance and are in need of repairs. Sale is as is. See listing documents. Offers need to be cash, line of credit or private financing.
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