About this home
**Investment and redevelopment opportunity in the City Center District.** The property has sustained significant fire damage and is in need of extensive repair and rehabilitation and/or demolition. Buyers should perform their own due diligence regarding the condition of the existing structure and the feasibility of repair or redevelopment. The property is located in **Zone 16 within the City Center District**, which offers **no-setback development potential and the potential for up to 14 units**, subject to municipal review and approval. Buyers are encouraged to verify zoning, permitted uses, unit density, dimensional requirements, and all redevelopment possibilities with the appropriate municipal planning and code enforcement departments. An opportunity for an investor or developer to reimagine the property and take advantage of its City Center location and development potential.
Listing last checked: Listing updated:
Listed by Listing Agent · The Flaherty Group · MLS #1678137
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Details at a glance
Building1 property facts
- Style
- Other
Land & utilities4 property facts
- Lot size
- 0.12 acres
- Water
- Public
- Sewer
- Public Sewer
- Zoning
- 16 CCD
Financial2 property facts
- Annual taxes
- $4,951
- Assessment year
- 2023
Location
Estimated monthly cost
Explore costs at the $275,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$1,803 / monthAdjust
- Principal & interest
- $1,391
- Property tax
- $413
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $4,951. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
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About 23 Locust Street
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