Excellent investment opportunity and multiple exit strategies on this property. Zoned U-SU-A1 this zoning allows for a single family home to be built on a 25 wide lot. Lot dimensions on this one are 50x125. You can scrape the existing house and build two new single family homes with comps ranging from $950-1.2M depending on size and finishes. You can also keep the existing house and remodel and split lot and build 1 new single family residence or just remodel existing house. Recent comps have a house this size on half the lot size that closed remodeled for $650,000. Also has ADU zoning if you choose to add them. Perfect area for AirBNB once the homes are done. This is one of the last 50 wide lots in the cole/rino area and on one of the nicest blocks with easy access to downtown and everything river north has to offer. Property is being sold as is.
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