Originally built in 1957, this five unit garden style development is the perfect investment for a developer or investor. All five units are two bedroom, one bath and current leases are month to month. The project has a single-story overlay and construct two-story product (three-story is not permitted) developer will need to construct two affordable units or 10% of the total units rounded up at a moderate income level. With these standards, 14 two-story town homes can be constructed on the site, 12 market rate and two affordable.
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