Description
GREAT OPPORTUNITY and just 1 block from Prescott's well known Mt. Vernon St. This property has approved plans for Multi-Family High Density within walking distance to Downtown Prescott. This property could be a great opportunity for college students or even a VRBO. The pictures speak a thousand words, see the re-drawn, pre-permitted concept plans for a fourplex and a 2 story detached garage. With the current home of 1 bedroom 1.5 bath and potential build you are only using 28% of the maximum 50% usage of this property. What could better than collecting a rental income from the existing home while you work through the development and permitting process of your next multi-family income investment?
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1BEDS
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0.26ACRES
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1BATHS
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11/2 BATHS
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798SQFT
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$627$/SQFT
School Ratings & Info
Description
GREAT OPPORTUNITY and just 1 block from Prescott's well known Mt. Vernon St. This property has approved plans for Multi-Family High Density within walking distance to Downtown Prescott. This property could be a great opportunity for college students or even a VRBO. The pictures speak a thousand words, see the re-drawn, pre-permitted concept plans for a fourplex and a 2 story detached garage. With the current home of 1 bedroom 1.5 bath and potential build you are only using 28% of the maximum 50% usage of this property. What could better than collecting a rental income from the existing home while you work through the development and permitting process of your next multi-family income investment?
© 2023 Prescott Area Association of Realtors, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Shelly Watne Group. Data last updated: 2023-09-23T13:50:38.833.