Incredible Multifamily value-add opportunity or build your very own income producing mixed use property. This highly visible corner lot is currently zoned TH3 and is located in the heart of the Lake Cliff Historical District near highly acclaimed Bishop Arts and beautiful Lake Cliff Park, providing investors, builders and developers a fantastic opportunity to receive significant tax benefits for renovation or redevelopment. Height for new structures is 36 ft. Please see listing agent or the supplement section of MLS for more detailed information about current TH3 zoning and tax benefits offered by the city. This entire investment portfolio currently consists of a large, two story duplex and a single family story house. All 3 tenants are on a month to month lease and are paying $700 each in rent. HUGE opportunity to update and bump rents up to over $2000 per door after improvements. 3 properties being sold are 421 N Marsalis Ave, 536 E 6th St and 532 E 6th St. DO NOT disturb tenants.
Listing Agent: Jp Findley Courtesy of: Rogers Healy And Associates Properties marked by the NTREIS Logo are courtesy of the NTREIS Multiple Listing Service. Property listing data provided by NTREIS multiple listing service. You may not reproduce or redistribute this data, it is for viewing purposes only. This data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS. Updated: 3rd December, 2022 8:14 PM (UTC)