5871 COLLINS Road
Property Description
The S/D has been approved for 5 Single family Homes. Two of the 5 have been constructed and the other 3 SFH are in the final stages of Engineering/Permitting stage. The 3rd House will start construction shortly (unit 5905) The 2 completed units are already rented out. The asking price does not include the construction of the other 3 houses. The other 3 SFH can be constructed for the new owner at additional expenses by the original Builder. Each Unit is 4 Bd/2 Full Bath about $2300 SQ under the roof. Each lot is approx. .4 Acres. Back of the lots are facing a pound which provides them with a very big private back yard. The houses were built toward end of 2025. and the Lot for the other 3 SFH is cleared. Perfect location. Close to Blanding Blvd, near I 295 and close by shopping centers and restaurants Tenant Occupied. Please do not disturb tenants. Contact Listing Agent or through showtime for appointment. Hard Money financing is available with proper down payment. All the Plans and permits will be transferred to the New Owners. The Collins Rd S/D has been approved and the Lots are in process of identified with separate Parcel Id . The Owner is the actual Builder and is willing to assist in the construction of the other units if needed.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $1,300,000 |
| No. of Units: | 5 |
| Lot Size: | 3,578.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $260,000 |
| Property Website | Click Here |
| Number of Bedrooms: | 20 |
| Number of Bathrooms: | 10 |
ID: 3yd-NEFMLS-2171550
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