Description
27% PRICE CORRECTION!! 1910 Mayo Street presents the opportunity for a covered land play. The property is located on a corner location and contains 12,918 sf which is zoned PS-1 and provides for a 1.2 5 FAR. It is estimated the site will accommodate six townhomes. The property consists of five studio apartments, which will offset the carrying costs while obtaining entitlements. Under the current rent structure, the property possesses a $16,912 net operating income. The area is experiencing tremendous gentrification with emphasis on infill development. Properties which no longer meet the highest and best use are being redeveloped, which is the case with this property.
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0BEDS
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N/AACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
27% PRICE CORRECTION!! 1910 Mayo Street presents the opportunity for a covered land play. The property is located on a corner location and contains 12,918 sf which is zoned PS-1 and provides for a 1.2 5 FAR. It is estimated the site will accommodate six townhomes. The property consists of five studio apartments, which will offset the carrying costs while obtaining entitlements. Under the current rent structure, the property possesses a $16,912 net operating income. The area is experiencing tremendous gentrification with emphasis on infill development. Properties which no longer meet the highest and best use are being redeveloped, which is the case with this property.
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