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PRIME DEVELOPMENT LOT; 0.304 Acres, 13,244 Sq Ft. RECENT CHANGE TO R-12 Medium Density Multi-Family zoning. Permits development of at least 10 apartments, duplexes or single family homes. Currently a triplex 1/1,1/1 and 2/1 separately metered rented month to month 1710 sq Ft $2,550 monthly income while you develop plans for redevelopment. Flat lot with minimum demolition required. FIRST PHOTOGRAPH SHOWS PROPERTY AS IS NOW. THE SECOND PHOTOGRAPH SHOWS AN ADJOINING PROPERTY TO THE REAR AND SERVES AS AN ILLUSTRATION OF THE TYPE OF DEVELOPMENT NOW PERMITTED ON THE PROPERTY AFTER THE ZONING CHANGE TO R-12. Potential of ROI of 8.6% to 14% per annum.

Listed by Michael Carr, Keller Williams Realty Profess

Property Details of 6117 Garfield Street

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