Description
MLS# V1-4038
Builder/Developer opportunity! Turn this ugly property into a landmark property.Six single-family water meters serving 1) Main 2 story house which is rented, and 2) 5 cottages (boarded and not rented). Additional 7th meter is a commercial meter servicing hair salon, and is believed to have 1.7 commercial EDUs.Main house has been rented to same tenant for over 20 years and he has never missed a payment. Hair Salon has four more years on lease and tenant has pride in her business and has never missed a payment.All this on an acre of land zoned residential multi-family. A great opportunity to redevelop the property with new homes, or repair the cottages and collect rent. Listed by Doug Michie, Ventura Realty.