$875,000
Investment Opportunity! Here is a property fronting on Market Street in Chehalis that has the civil engineering complete for a Multi-Family Development and draft site plans for 15 Townhomes. Great location for rental units. Only 5-blocks to grocery store, on bus line, walking distance to large city park complex and schools. There is a 1,900 sq ft home on the site that could provide return while you are finalizing your plans and timing for construction. Seller recently had the house rented for $1,800 / month. Current price reflects work seller has or is completing that includes: demolition of metal pole building, demolition of detached garage, fill material installed and brought to grade, construction of retaining walls, GPS model is complete and paid for, Civil engineering approved and paid. Existing permits and draft plans of the proposed 15 townhouse units are available. This could be a great investment property for a sole owner or multiple investors.
2597487
MLS
⋅
ACTIVE
Status
1887 S Market Boulevard, Chehalis
Listing Broker: On Point Real Estate; Jordan Dixon; 360-740-4101; jordanwithonpoint@gmail.com
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.