Description
Two adjoining parcels, 4252 & 4254 Woods St, totaling approximately 1.55 acres with R8 zoning and 185 feet of combined road frontage, offered together as a potential development opportunity. Existing homes are currently tenant occupied and provide interim rental income; however, the primary value of the property is in the land and redevelopment potential rather than the existing improvements.R8 zoning permits single-family and two-family residential development with a minimum lot size of 8,000 square feet per dwelling. Nearby properties with similar zoning and frontage have been successfully redeveloped into HPR communities with approximately...read more 50 feet of frontage per lot. The combined size and depth of these parcels may support additional density, with preliminary potential for up to 8 duplex units, subject to buyer verification, zoning approval, and all applicable planning requirements.Both homes are occupied by long-term tenants. Purchaser may terminate existing leases with 60 days prior written notice.