Description
Hasn't been formally listed or on the market in 40+ years! A truly unique Investment Opportunity on this potential filled 16,900 sqft Old Town lot! Property boasts 7 total units - a Legal 3plex fronts the property w/ 4 separate Mobile Home units in back. Join other previous Downtown redevelopment projects that have had great success! Buy as an investment that cash flows now or make an income while planning your next project in this NCB zone district. The chance to own over 1/3 acre of highly desirable Old Town dirt w/ close proximity to Restaurants, Shopping, Lee Martinez Park, & all Old Town has to offer. It's a once in a lifetime opportunity! Property is fully leased thru NEXT June or July (Unit Dependent) of 2023 & is ready for a new Owner's vision. Please reach out to the City of FTC for more information on the possibilities. Showings will not be possible on all units until time of Contract. Units are in "middle of the road" condition, in functional shape, but are not brand new.
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7BEDS
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0.39ACRES
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0BATHS
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01/2 BATHS
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2,010SQFT
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$920$/SQFT
School Information
Description
Hasn't been formally listed or on the market in 40+ years! A truly unique Investment Opportunity on this potential filled 16,900 sqft Old Town lot! Property boasts 7 total units - a Legal 3plex fronts the property w/ 4 separate Mobile Home units in back. Join other previous Downtown redevelopment projects that have had great success! Buy as an investment that cash flows now or make an income while planning your next project in this NCB zone district. The chance to own over 1/3 acre of highly desirable Old Town dirt w/ close proximity to Restaurants, Shopping, Lee Martinez Park, & all Old Town has to offer. It's a once in a lifetime opportunity! Property is fully leased thru NEXT June or July (Unit Dependent) of 2023 & is ready for a new Owner's vision. Please reach out to the City of FTC for more information on the possibilities. Showings will not be possible on all units until time of Contract. Units are in "middle of the road" condition, in functional shape, but are not brand new.
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