$60,000

This property is a high-yield play for those who understand the value of density and creative site planning. The existing home sits at the rear of the lot, already taken down to the studs, saving significant time and cost on demolition. The expansive front portion of the lot provides ample buildable area for a larger primary residence or multifamily property. Benefit from established utility connections already on-site, streamlining the development process compared to a raw land purchase. Located in a neighborhood with steady growth, this is a perfect "buy and build" strategy. You can finish the rear house first to generate immediate rental income (estimated at $800/month) or live on-site while you manage the construction of a new home in the front.Whether you are looking to create a multi-unit compound or a custom primary residence with a detached guest house, the potential here is limited only by your vision!