Listing provided courtesy of Salem Webb, Realty One Group Five Star
Rare investment opportunity in the heart of Highland Park! This fabulous double corner lot is steps from 32nd & Zuni, and all that this trendy neighborhood has to offer. Walk to Zuni Street Brewing Company, Little Man Ice Cream, Wooden Spoon Cafe, coffee shops, yoga, & so much more. This 4,690 sq ft corner lot encompasses both 3108 & 3106 Fife Ct. Street access on THREE sides of property affords a unique and desirable opportunity for development. Alley runs along N side, Argyle on the S, and Fife running along the W side. Currently zoned U-RH-2.5 (multi unit district allowing up to a 2.5 story row house building form; also allows the urban house, detached accessory dwelling unit, duplex, and tandem house building forms). With approximately 76' of linear street front along Fife and a lot depth of ~70' accessible on both north and south sides, this property is just begging for a row of gorgeous, brand new, multi-story row houses/townhouses with lovey rooftop terraces. Peaceful, luxurious neighborhood living only steps from all that the Highlands has to offer...it's the best of both worlds, and an incredible development opportunity you can't afford to miss out on. There is currently a habitable 1910 duplex located on the north half of the lot; total square footage is 1225 per property tax records. Each unit is approximately 612 ft2, 1/1 with a shotgun footprint (living in the front, kitchen in the back). No basement is recorded in property tax records; however, both units do have an unfinished basement (ft2 unknown) with interior stairs off back of kitchen. So much original, historic charm if you decide to renovate! Roof and furnace in good working order per seller. Tenant occupied through 7/25 with potential early vacancy. Duplex is as-is. Scrape and develop entire lot into a gorgeous row of pricy, luxurious, multi story $1-2M townhomes. Or split the lot, rehab existing income units and develop the vacant south lot w/ a multi-unit new-build. Opportunities are endless!
Price / Sq.Ft.
$897 / ft2
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Home details for 3108 Fife Court
Interior Features & Layout
Fireplace Details: 2
Total Fireplaces: 2
Heating & Cooling
Heating Details: NaturalGas
Property, Lot, Community & Exterior Features
Garage Spaces: 0.0
Mls Prop Type: ResidentialIncome
Lot Description: CornerLot, Level
Legal Description: L 14 S OF ALLEY & W 16 2/3 FT L 13 SO OF ALLEY BLK 1 HIGHLAND PARK