Steven Prescott

Great Opportunity to do a Ground Lease with an Existing Single Family Home with an existing Jr. ADU and an Additional Four Units Approved to build in an Opportunity Zone. $250K in Tax Credits are available. The lot has 100 feet of frontage along Mt. Hope Park with 12 Mile Suburban Views to Mt. Helix during the day and evening. Property is also conveniently located about one mile east of Downtown

6.00% Offered to Buyers Brokers . Currently the property is being operated as a Compliant Short Term Rental. Property currently grosses $80k per year. Property has been updated with Luxury Vinyl Plank Floors throughout, property has fairly new appliances: new refrigerator, new dishwasher, new laundry washing machine and dryer. Do not disturb renters at the property. Showing only on cash offer.