2 lots (separate folio numbers) equaling almost 14,000 sq.ft. with one of the lots having a SFH.
The real play on this is to tear down the SFH and build multi-family units on the lots. The lot behind the subject just built 4 townhomes and closed for over $1.2 million! (See pictures)
Property does have liens and violation with the city over $2 million but has agreed to mitigate them down to around $50k to $60k once the violations have been brought into compliance. Buyer to purchase property with liens and violations in place and must bring into compliance with the city.
According to code enforcement, this is what work is needed to clear violations:
-Permit to replace all windows and doors
-Need to paint exterior (no permit needed)
-Remove burglar bars (Can be included in window permit)
-Replace exterior door frames (need permit)
-Water heater permit
-Remove concrete pad permit
3 permits needed