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In- town rental or redevelopment opportunity, located just 4 blocks from the Town Square on the corner of King Street and Kelly Avenue. The current zoning is AR=Auto Urban Residential. There is potential to add 1 to 2 accessory residential units. Each lot is .17 of an acre or 50’x150’ each. There are so many possibilities for this property, and the location is very desirable, this is a fabulous acquisition.
Lot 7, 120 E. Kelly Avenue, is being sold as a vacant lot; the 2 mobile homes on the property (one is maroon and one is beige) are not included; currently being rented. However, they could be replaced and rental income could offset holding costs while you draw your house plans or design improvements to the property.
Lot 8, 110 E. Kelly Avenue is a corner lot and has a home of approximately 2,151 sq. ft. (The home is painted green/blue). There are 2 bedrooms, 1 bath and a basement. The home was built in 1934. It has been well maintained and is currently tenant occupied. There are 2 adjacent buildings (rustic red color): one is the 1-car garage, the other is a storage shed.
In addition to street access, there is alley access to these lots as well.
To fully understand the development opportunity, please contact Ray.
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THIS Property FEATURES:
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- AR Zoning
- Redevelopment opportunity
- 2 in-town lots of 50' x 150' each
- Easy 4 block walk to town square
- 1 block to Snow King
- Rental income potential while plans are being formulated
- 2008 Taxes Lot 7 $3,096
- 2008 Taxes Lot 8 $3,344
- No HOA fees
- 120 E. Kelly has 2 trailers on it ( which can be replaced wit hnew ones)
- 110 E. Kelly has well maintained older home with basement and 1 car garage & storage
- Lots may be purchased separately
- Ray Elser
Click Photo to contact him.
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