Prime location with multiple options! Renovate the 1950's home with good bones and original hardwood floors and keep it on a prime 1.7 ac lot in the best school district in a central and private location. Subdivide the lot into 2 parcels, keeping and renovating the house on one and building a new income producing property or guest house/garage on the 2nd lot. That subdivision process has been approved and started but not recorded. If increased utilities were brought in (est 30-40K) and house torn down the lot could be subdivided into 4 lots that comply with current zoning (R-15). If the lot were rezoned to a higher density such as R-10, R-7 or R-5 the potential for more than 4 lots is there. Newer projects right across the street have such zoning. Potential to rezone commerical as well. Municipal water and sewer are connected however copper piping for water was stolen under the house and new connections from crawlspace to actual fixtures in home will be needed. No HVAC or appliances. Window units are in place. Don't forget to check out items uploaded under Documents tab Property is not heated at all, however there is 1466 sq of living space Portion of property in AE flood zone
Listing courtesy of Bluecoast Realty Corporation.
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