R-3 Zoning allows for approx. 60 persons. Great opportunity to build townhouse/aptartment complex or B&B with pool & restaurant. Walk to town location, sunsets. OR fix up existing property which consists of THREE homes, totaling FIVE rental units, add more cottages & pool. Property is being sold in 'as-is' condition. Adjacent 0.25+/- acre also for sale. BUYER TO PAY FULL COST OF DOC. STAMPS.