This 9940 square foot lot presents an exceptional opportunity to build your dream home in the highly sought-after Hilltop neighborhood, just one block away from Cramner Park. The property, previously used as a rental, is being sold As Is as part of a 1031 exchange, allowing the seller to defer capital gains taxes.

Located on the prestigious 200 block, the area is renowned for its collection of multi-million dollar homes, adding to the allure and potential value of the lot. Developers and discerning buyers alike should take a closer look at this property.

While considering the purchase, it is important to conduct thorough due diligence, including assessing zoning regulations, obtaining necessary permits, and carefully examining any potential issues. Moreover, it's worth noting that the seller has a one-month window to exercise their option for a replacement 1031 property, which may influence the timing of the transaction.

To ensure a smooth process and make informed decisions, it is advisable to seek guidance from experienced real estate professionals or legal experts specializing in real estate transactions. They can provide invaluable assistance throughout the acquisition and development stages.