Closed on | February 10, 2023 |
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List Price | $249,999 |
Selling Price | $241,000 ($239.09 / sqft) |
Beds / Baths | 2 / 1 |
Square Feet | 1,008 |
Acre(s) | 1.7 |
Subdivision | Forest Park |
Year Built | 1950 |
MLS # | 508063 |
Courtesy of | MISNER REAL ESTATE SERVICES LLC |
INVESTORS-INVESTORS Nearly 2 acres on two parcels. The house on this parcel is currently rented under a month-to-month lease. It is a very good rental and has been 100% occupied for the last 10 years. There are several development possibilities with these two parcels. One is to keep the current house & add a new multiple family residential units on the vacant parcel. This could make a total of six possible units & would include the current house. The other 2 possibilities involve rezoning the parcels to either MRF-5 or 6 with RMF-5 being more probable. With RMF-5 the estimated density would be 16 housing units or 9.4 units per acre. In this case the house would need to be removed. This property has been professionally appraised.