Opportunity to acquire a fully tenanted, income-generating property with an approved development permit for the southern portion. The northern portion consists of six updated, 3-bedroom, 2-bathroom, two-level townhomes, some with ocean views. Enjoy steady rental income while developing the southern portion, which has approval for a 33-unit, three-story residential building over a concrete parking garage, with many units offering ocean views. The Township is currently reviewing and amending its Official Community Plan. There is potential for rezoning the northern portion to allow for increased density and redevelopment opportunities. (id:47421)
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Detailed Information
Farm Type
Other
Property Type
Multi-family
Transaction Type
For sale
Zoning Description
RM1&2
Building
Constructed Date
1972
Utilities
Type
Description
Water
At Lot Line
Land
Total Size
41595 square feet
Size of Irregular Land
41595
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