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Fully remodeled 3 bed/1 bath property with zoning for up to 5 stories on the busy NW 7th Ave corridor. Opportunity to develop up to 11 units of mixed-income housing, with plans underway. Generating over $37K annually without need of further improvements. This property is perfect for a developer looking to leverage strong rezoning incentives while capitalizing on short-term income as the neighborhood thrives. Currently fully rented at $3,100 to a reliable tenant using it as an office, willing to stay or vacate if needed.
Listing Updated: 2024-08-31 17:55:15