902 S Phillips St, Hanford, California, United States | Residential Land For Sale at GLOBAL LISTINGS

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Residential Land For Sale

$75,000

902 S Phillips St
Hanford, California, United States

Listed By: Realtyww Info

Listed On: 08/17/2024

Listing ID: GL11584364 View More Details

Description

This 8, 000 sq ft vacant lot is a fantastic opportunity for investors looking to capitalize on multi-family development. Zoned for multi-family use, the property is strategically located in a dominant multi-family neighborhood, ensuring strong demand for rental units. This lot offers the versatility to either develop the ground and benefit from a favorable resale market or to build rental units that can enhance your investment portfolio. With the potential for impressive returns and an attractive CAP rate based on rental income, this property is perfect for savvy investors ready to seize a lucrative opportunity.

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Listed by: Adrian Herrera