**SELLER WILL ONLY ACCEPT A NON-CONTINGENT OFFER** 3505 Marguerite Street consists of 2 legal units and 2 un-permitted non-conforming units occupied with rent controlled tenants. Built in 1925 the subject property is situated on a 9,810 square foot sloped parcel, zoned LARD2. This property is located in an OPPORTUNITY ZONE. Frontage of parcel is 70ft. The compound consists of three separate structures: a front duplex, a middle bungalow, and a back house. Front house collects $1446 for the Bottom Unit and the Front Upstairs Unit is VACANT. Middle Bungalow collects $1500 and back house collects $1510. Front House and Back House are legal units with permits. Middle House and Front upstairs units are un-permitted non-conforming units. An investor has the potential to: 1) Bring this property back to legal Fourplex status; 2) Demolish non-conforming units and restore property as Duplex on Huge Lot; 3) Demolish all existing improvements and build 4 Small Lot Homes as an Opportunity Zone play.
