Prime development land for income producing property build. Desirable .68 acre site for (3) 4-plex units or possible PUD of high density residential. Convenient location, close to schools, shopping, and a future city park. Peaceful residential setting in area of single family homes and townhouses. The R-4 zone is high density multi-family residential and allows for (1) dwelling unit per 2,400 sqft = (12) dwelling units possible. Estimated rent range for 2 bedroom, 2 bath units is $850-$1050 per unit. Adjacent .94 acre lot is also listed for sale and offers the opportunity for (4) additional 4-plex units. Preliminary site plans available for both tax lots and (7) 4-plex units total. Utilities are to the property.
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