Listed by Scalzo Commercial & New Development
$950,000
321 Kent Road
Details
Property Type Multifamily
Square Footage 14,771
Units 50
Tenancy Vacant
Buildings 4
Acreage 4.000
Zoning B1
Investment Type Redevelopment
Multifamily | 60 Units
Marketing description
Rehab or Re Development Opportunity for proposed multi-family of 50-60+/- units on 4 level acres. Unit count will be based on available water. Initial surveying/engineering for feasibility has been completed for 50 bedrooms. Community water source located on adjoining property with connection rights and 2 existing septics. 4 existing buildings with 6 units recently vacant. Main building with mixed use, single family with 2 roughed in units, and 3 finished apartments on 2nd floor. 2 family home with 3rd unit roughed in. Single family in rear of property. Additional freestanding building previously a retail shop. Some updates include 2 roofs, appliances and plumbing on some buildings.
Investment highlights
- - 14,771 SF building
- - Zoned B1
- - Potential for Multifamily / Mid-Rise development
- - Close to amenities and services
- - Strong investment opportunity
- - Versatile use options
- - Favorable zoning regulations
- 50-60 Units
Listing Contacts
Listed by Scalzo Commercial & New Development
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