Development potential! Located in the Opportunity Zone and zoned T3N, this 15,000 sq foot property- consisting of two 7500 +/- Sq Ft parcels; One parcel has a remodeled 4 bedroom, 3 bathroom residence with a large backyard and is currently rented out on a month to month basis. There is initial city approval of a multi-unit development that consists of 6 total units: 2 units that would be built behind the home, and 4 additional units are planned for the vacant lot. (see attached plans) The home has a fantastic open floor plan, updated kitchen, floors, bathrooms, new roof and new paint inside and out. Located on Vine Street - one of Paso's downtown thoroughfares, and just minutes to the popular downtown park, this property has a ton of potential ready for you to take advantage of. (The Opportunity Zone may have tax advantages for a buyer who meets specific criteria)
Development potential! Located in the Opportunity Zone and zoned T3N, this 15,000 sq foot property- consisting of two 7500 +/- Sq Ft parcels; One parcel has a remodeled 4 bedroom, 3 bathroom residence with a large backyard and is currently rented out on a month to month basis. There is initial city approval of a multi-unit development that consists of 6 total units: 2 units that would be built behind the home, and 4 additional units are planned for the vacant lot. (see attached plans) The home has a fantastic open floor plan, updated kitchen, floors, bathrooms, new roof and new paint inside and out. Located on Vine Street - one of Paso's downtown thoroughfares, and just minutes to the popular downtown park, this property has a ton of potential ready for you to take advantage of. (The Opportunity Zone may have tax advantages for a buyer who meets specific criteria)