7240 Rio Linda Blvd, Rio Linda, CA 95673

This very rare and unique property has multiple split options and seller back financing (competitive rate) with right offer.Perfect for the right investor including 1031 exchange. This is a 3 acre parcel that is zoned RD-5 (5 units per acre and zoned to be split up to 15 houses.) There is a current Use Permit for a cluster development. 6 Units. This use permit was just verified by the county to have no ending date and can be expandable. SEE ATTACHMENTS. There are currently 6 units on the property. Three houses are currently occupied and have some updates and are permitted. There is an unoccupied triplex that needs repair. Property backs to the Rio Linda/Elverta bike trail (Part of the American River bike trails) Quiet, friendly Rio Linda location close to shopping, parks, schools and freeways. Please feel free to contact agent with any questions.