Description
Multi use opportunity in one of the best locations in the city. Operate as a successful rental property or group home, as approved by the city of SLP. Double lot available to build a manager's suite or just have extra space. This stunning property boasts a spacious shared kitchen that serves as the heart of each unit, fostering a sense of community among residents. The generous living and dining areas provide ample space for relaxation and entertainment. On the lower level, a well-equipped laundry room adds convenience, while a recreation room offers a space for leisure and social gatherings. Each of the eight identical units is thoughtfully designed, featuring a large bedroom, full bath and walk in closet. The city of SLP is discussing zoning changes. The future district for this property will add additional housing types such as two-unit, three-unit, and four-unit structures. It will also allow for low-rise apartment buildings and small townhouse structures meaning a new owner could build up, out, or an additional structure on this lot for additional unit capability. Rent Roll available upon request please email both agents.
MLS ID: 6636352
Directions: Minnetonka Blvd (just east of Louisiana Ave) to property on north side of street.