Phil Billiet's Picture
Phil Billiet
Office: 408.448.5600x100
Cell: 408.480.5600
Fax: 408.448.1917
License #: 01218829
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1921 & 1925 Colony Street
   
  • Bedrooms: 2 Bed (Unit A) & 1 Bed (Unit B)
  • Bathrooms: 1 Bath (Unit A) & 1 Bath (Unit B)
Property Description
1921: This parcel is 12,308 Sq. Ft. with 2 detached homes. The 3 bed/1 bath is approx. 800  Sq. Ft. and estimated market rent is $3000 per month. The 1 Bed/1 Bath is approx. 400 Sq. Ft. and estimated market rent is $1800 per month, both units need work to make habitable. The 1 bed/1 bath needs major repairs to make habitable. This parcel is being sold together with 1925 Colony (property to the right) and 1939 Colony (Property 2nd to right) to create a development opportunity. The combined lot size will be approx. 37,504 Sq. Ft and current zoning is MM-40.

 

1925: This parcel  is 12,603 Sq. Ft. with two detached rental homes. 2 bed/1 bath is approx. 750 Sq. Ft and rents for $2500 per month. 1 bed/ 1 bath is approx. 400 Sq. Ft. and rents for $1800 per month. Both leases expire Aug. 2018. The rear yard is rented at $1000 per year for storage. This parcel is being sold together with 1921 Colony (Property to the left) and 1939 Colony (property to the right) to create a development opportunity. The combined lot  size will be approx. 37,504 Sq. Ft. 
The current zoning is MM-40.