This property is priced as a tear-down and is intended to be sold with the adjacent lot at 1917 Pegram Street (MLS#3485595 for a total price of $600k). Properties are not under any directive to be torn down. Both properties have 75' frontages and the presumption is that, together, they could potentially be divided into three lots. Buyer is to determine the viability of subdividing properties. All units are tenant occupied. 2 tenants are on month-to-month leases. 1 tenant's lease expires 12/31/19 and seller will approach tenant to buy out the lease for termination, if need be. Tenant's will not be approached about moving or given notices until after DDP has expired. Seller asks that at least 45 days be provided to tenants to move. NO SHOWINGS! Do not bother tenants or discuss sale with tenants.
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