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INVESTOR'S SWEET DREAM- DONT MISS THE CHANCE TO DEVELOP MULTI FAMILY HERE! 3244 Panama Ave, Carmichael. (APN#273-0301-019-000): offers a large flat, unique SPA Zoning lot, boasting a generous 0.36 acre alongside its Attached Single Family Fixer. The Residence is UNINHABITABLE and has been vacant for years. SELLER HAS APPROVED PLAN(S) & PERMIT(S) THEY ACQUIRED FOR NEW BUILD 3BED 2 BTH SINGLE FAMILY RESIDENCE up to 1700 SQFT. This Featured Property has an adjacent sister lot of 0.35 acre of Flat Residential Land NOT included in this sale but could be purchased in a Separate Sale should right number come along for both lots. (APN#273-0301-018-000)! THE TWO LOTS OF 3244 PANAMA AVE & 3252 PANAMA AVE BOTH RECENTLY APPRAISED FOR A TOTAL VALUE OF $610,000 IN THE PRESTIGIOUS CARMICHAEL SUBURBAN COMMUNITY! On site utilities & a private driveway ready for you to build your dream homes/multifamily. (Please consult Sacramento Planning & Permit department for its highest and best use). The prestigious IB School system is within a walking distance away. The beautiful parcels are nestled in the highly sought after communities of Carmichael and Fair Oaks, less than 2 miles from Riverside Golf Course and Ancil Hoffman Nature Center, bordering the Sacramento River. Fantastic investment opportunity located in an already established area of improved properties, high-density of single-family homes. These exceptional zoning previsions grant Land uses that give you the freedom to create something truly extraordinary and tailor-made for the community's needs, such as residential uses like multi-fam

PROPERTY FEATURES

Utilities : Electricity Available,Natural Gas Available,Phone Available,Sewer Available,Water Available Water Source : Public Sewer/Septic : Public Sewer
Neighborhood : Carmichael Colony
Parking Non-Garage : Driveway
Fencing : Wrought Iron
Accessibility Features : No Interior Steps,Parking
Exterior : Stucco View : Panoramic,Neighborhood Roof : Composition
Architectural Style : Ranch
Cooling : Central Forced Air Heat Equipment : Forced Air Unit
Equipment: N/K Laundry Utilities : Washer Hookup Laundry Location : Inside
Other Structures : Two On A Lot Miscellaneous : Suburban Zoning : SPA

PROPERTY DETAILS

Street Address: Address not disclosed
City: Carmichael
State: California
Postal Code: 95608
County: Sacramento
MLS Number: PW24138237
Year Built: 1945
Courtesy of KAM Financial & Realty, Inc.

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