
Description
This property is a rare and unique opportunity for the right type of investor. This is a 3 acre parcel that is zoned RD-5 (5 units per acre and zoned to be split up to 15 houses.) There is a current Use Permit for a cluster development. This use permit was just verified by the county to have no ending date and can be expandable. SEE ATTACHMENTS. There are currently 6 units on the property. Three houses are currently occupied and have some updates and are permitted. There is an unoccupied triplex that needs repair. Property backs to the Rio Linda/Elverta bike trail ( Part of the American River bike trails ) Quiet, friendly Rio Linda location close to shopping, parks, schools and freeways. Seller to consider seller financing with the right offer.
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3ACRES
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01/2 BATHS
School Information
Description
This property is a rare and unique opportunity for the right type of investor. This is a 3 acre parcel that is zoned RD-5 (5 units per acre and zoned to be split up to 15 houses.) There is a current Use Permit for a cluster development. This use permit was just verified by the county to have no ending date and can be expandable. SEE ATTACHMENTS. There are currently 6 units on the property. Three houses are currently occupied and have some updates and are permitted. There is an unoccupied triplex that needs repair. Property backs to the Rio Linda/Elverta bike trail ( Part of the American River bike trails ) Quiet, friendly Rio Linda location close to shopping, parks, schools and freeways. Seller to consider seller financing with the right offer.
