Attention Developers:This exceptional property presents a rare & highly sought-after development opportunity.Boasting a contiguous 17,131sf parcel zoned RM;the site features superior street frontage & a range of site planning options suitable for various residential redevelopment opportunities,including (7) townhomes w/the potential for an additional (6),a multi-plex,lot sub-division,and/or affordable housing.The City of SJ has ratified the subdivision potential,confirmed by a letter.Adding to its appeal,the property has two existing water meters & PGE on-site,offering ease & convenience for any potential project.The site currently has a 2bed/2bath,1358 sf home w/a month-to-month renter & a 1bed/1-bath unit available for rental purposes.This provides an ideal opportunity for investors to generate income while completing the permit process.This exceptional development opportunity is prime for any investor/developer looking to capitalize on the robust residential real estate market in SJ
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