Resoution on File for two parcels with approval from city of Rio Dell for Subdivision into three parcels. Conditions need to be met prior to final map recordation! Town Center Zoning offers many future optional uses! Can be multi-use! Example: Builder-Developer-Owner can rebuild with a combination of retail, office, and residential! Many other uses to for these two parcels! Can build a restaurant-bar! Must see Rio Dell Planning Department for verification and more information! Present use is Multi-Family! All four units are tenant occupied. There are two 2 bedroom units- 1 bath, One 1 bedroom unit-1 bath, and One 4 bedroom 2 bath units. Residential Addresses are #628, #634, #644, and #652 Pacific Avenue, Rio Dell, CA 95562 Seller says sale to Be "AS IS CURRENT CONDITION" Preapproved buyers needed! All cash buyers needed! Effective beginning april, 2009 Fannie Mae announced they would begin accepting loans from investors with up to 10 mortgages. This change opened up opportunities for our investor clients to once again purchase rental and second home properties. Borrowers need to have a minimum 720 credit score and have 25% down on investment property purchases. they will also need to have reserves. Neighborhood Description This is an absolutely charming small quiet town! They hold many annual events and attrract tourists and community neighbors alike. Very friendly little town. the future plans for Rio Dell are very exciting.
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