Courtesy of: Miguel Ramirez, Allie Beth Allman & Assoc., miguel.ramirez@alliebeth.com
Courtesy of: Miguel Ramirez, Allie Beth Allman & Assoc., miguel.ramirez@alliebeth.com
$785,000
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Lot: 0.23 Acres
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Other
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$785,000
5108 Manett Street Prime 50 x 200 (10, 000 SF) infill redevelopment parcel zoned MF-2(A) in highly sought-after Vickery Place, just steps from Lower Greenville, Belmont, and Henderson Avenue entertainment corridors. Exceptional opportunity for residential or multi-family builders: - Zoning: MF-2(A) Multi-Family allowing strong density. - Dimensions: 50 ft frontage by 200 ft depth with dedicated rear alley access. - Density Yield: Preliminary architectural site studies indicate potential yield for up to 7 townhome units (buyer to verify municipal approvals, parking ratios, and tree preservation). - In-Place Income + Existing Structures: Property currently features two detached duplex structures totaling 3, 102 SF (4 units total). Generates strong interim cash flow ($5, 600 per month potential gross) while pursuing permitting, architectural drawings, and city approvals. Three units delivered vacant for immediate inspection; one unit occupied month-to-month. Existing structures convey strictly As-Is at land value. Boundary survey and preliminary layout concepts available upon request.
Courtesy of: Miguel Ramirez, Allie Beth Allman & Assoc., miguel.ramirez@alliebeth.com
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