$107,000
This unique 1.65-acre property offers an excellent opportunity for an investor, builder, or buyer looking for additional income potential. The property features two existing structures, providing possibilities that are not typically available with a standard residential parcel.
The main home is in a condition that may require a complete teardown and rebuild, while the second home requires renovation but provides an additional structure and potential source of value. The existing foundations are an important feature of the property. Based on the current understanding of the property's grandfathered status and zoning regulations, maintaining the existing foundations may allow both dwelling sites to remain eligible for reconstruction. If a foundation is relocated, current zoning regulations may limit the property to one dwelling.
The property is situated on approximately 1.65 acres in a quiet area, with a wooded area toward the rear of the property and a cleared front portion. The combination of acreage, existing structures, and potential for two dwelling sites makes this property particularly attractive for an investor interested in renovating, rebuilding, and potentially creating rental income.
Buyers should verify zoning requirements, grandfathered status, rebuilding rights, and all applicable requirements with the appropriate county authorities before purchasing.
Attachment: Article 18.4 Non-Comforming Structures
2
Beds
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1
Baths
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770355
MLS
23661 Bundy Street, Wagram