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One acre vacant parcel with approved entitlements for 31 affordable walk-up apartments. Electricity extends to the property's center. Recent survey and architectural drawings available. One 9-foot access gate, centrally located and on the east side. Surrounded by similar multifamily properties, this is an opportunity for a buy-and-hold investor or a developer focused on small to medium-sized, budget-conscious projects.
Features
Legal Description: WANAKAH UNIT NO 1 REVISED MAP OF A TRACT CONSISTING OF PART OF LOT 5 AND E 1/2 OF OSAGA PL DESC AS FOLLOWS FROM SE COR LOT 5 RUN W ALONG S BDRY 126.1 FT TO POB RUN THENCE NLY 281.38 FT M/L TO N BDRY OF LOT 5 RUN THENCE W ALONG N BDRY OF LOT 5 AND WLY EXTENSION THEREOF A DIST OF 150.1 FT TO CENTERLINE OF OSAGA PLACE RUN THENCE S ALONG CENTERLINE 281.26 FT TO N R/W LINE OF 142ND AVE RUN THENCE E ALONG N R/W LINE A DIST OF 151 FT TO POB