Remarks
Investor’s Dream: Shovel-Ready Lot for a Luxury Townhouse Duplex – $1.3M to $1.5M Per Side Value & $18K Monthly Income Potential Investors, Builders, and End Users – Calling All! This lot is fully prepped and shovel-ready for construction with a foundation pin survey completed and plans approved for a stunning side-by-side townhouses build, featuring 6 bedrooms and 5.5 bathrooms in each unit. The property is in the process of condo conversion, allowing each side to be separately deeded with a 6-bedroom, 5.5-bathroom C/O per unit. Seller can transfer the condo conversion and approved building plans to the buyer, with both architect and attorney services already retained and paid. Each side has a projected Townhouse condo value of $1,300,000 to $1,500,000 when complete and can generate approximately $9,000 per month in rental income per side. Situated on a Rare 75 x 100 lot. Approved plans available in the document center.
