Investor opportunity with strong redevelopment potential. Unlock the potential of this 0.8-acre property set in one of Farmington's most sought-after neighborhoods. Surrounded by well-kept homes and close to commercial conveniences, the location offers an ideal blend of residential charm and business accessibility. The property includes a ranch-style structure with 3… Read More bedrooms and 1 bathroom. The building is currently unsafe and fully gutted, and interior access is not allowed for safety; however, exterior viewing is welcome. A former garage once stood on the site, and its concrete foundation remains intact. Located within a residential and mixed-use zoning district, this parcel opens the door to a wide range of possibilities build a new home, develop commercial space, or create a thoughtfully designed mixed-use project. The existing structure can be removed, giving you a clean slate for new construction. With public utilities already in place electricity, water, and sewer you'll save valuable time and cost during development. Combining location, flexibility, and ready-to-build infrastructure, this is a rare chance to invest in a growing and high demand Farmington area. Interior access is not available. The property is being sold as-is. Read Less
Courtesy of WEICHERT REALTORS.
Listing Snapshot
Days Online
30
Last Updated
Property Type
Single Family Residence
Beds
3
Full Baths
1
Lot Size
0.8 Acres
Year Built
1946
MLS Number
3998571
30 Days Snapshot Of 08822
$603k
-4%
(avg) sold price
18
-21%
homes sold
70
-21%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
See Remarks
Basement
No
Building
Built in 1946, Ranch
Community
No
Cooling
See Remarks
Exterior Features
Vinyl Siding
Garage
On Site
Water Features
Public Water
Heating
See Remarks, See Remarks
Kitchen
See Remarks
Lot
Approximate Lot Size: 1, 0.8 acres, Open Lot
Parking
Driveway-Shared, Non-Surfaced, See Remarks
Pets Policy
Yes
Pool
No
Property
FHA Age Restricted: No
Roof
Asphalt Shingle
Sewer
Public Sewer
Taxes
Annual Tax Amount: $2,286, Tax Rate: 2.816
Utilities
See Remarks
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