801 E State Street

Multi-Unit, Multi-Use Opportunity. 801 and 803 E State St are a bundled sale, $299,000. 4839 total above ground SQFT. The properties are in the new LDO (Land Development Area ) and located in the RH-1 Zone which allows the use of Multiple dwelling units. A full mix of dwelling types from single-family to multi-family, with RH-1 allowing structures up to 40 districts also allow for limited commercial uses to create a mixed-use environment. The two buildings previously were used as a store front, restaurant/club, and residence. There is an income producing bill board on the east side of the building that is included in the purchase. The properties may be converted to a multi-unit dwelling as per the City guidelines for the RH-1 zone after approval. This is a strong opportunity for a developer, builder, investor, investor group, individual, and organization looking to provide new housing units after a full renovation. 801-803 E State St are sold together and may not be separated. Buyers are encouraged to complete their own due diligence concerning all aspects of the purchase and process. Proof of funds or pre approval required for showings. The surrounding area is being developed and renovated, the City is committed to supporting the area. 801-803 E State street is an excellent value and rare opportunity.