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Studio with large lot R3 zoning. - $300,000 (Newman)

I am selling a lot 75x100 feet zoning is R3 …you can build three houses. On it . Triplex etc. in down town Newman next to a supermarket and walk to all commerce and parks. Utilities are hooked to an existing Studio with laundry room . Asking $300k will finance with $100k down for ten years at 5%. All cash is same price $300,000. Value from Realtor.com or others is discretionary. Near the unit a 2500sf lot with a 2br 1bath no garage is listed for sale at $300k. So a contractor builder can easily get a good return. With a use permit possibly can do a retail store at bottom floor. And living at second/third floors. Great density zoning Gor this lot. Title company cost split btw . Buyer seller.

post id: 7740543619

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