Bought with eXp Realty, LLC
For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $475,000
Property Type Vacant Land
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 24594783
Sold Date 05/17/24
Annual Tax Amount $1,402
Tax Year 2023
Lot Size 0.990 Acres
Property Description
First time on the market, 2 lots. Opportunity awaits with this charming one-level ranch-style home situated on nearly 1 acre of land. Zoned R2.5 (two taxable lots), this property offers endless possibilities. The cozy 3-bedroom, 1-bath home features hardwood floors throughout, just waiting to be uncovered under the current carpet. With the option to remodel the existing house and develop the rest of the land, or tear down the house and utilize the entire property, could accommodate up to 15 houses, buyers due-diligence. The potential is truly limitless.Conveniently located just one block from the E Burnside 148th Ave Max Station, this property is centrally located in a neighborhood experiencing rapid development. Over 300 units have recently been completed or are currently under construction, making this an ideal time to get involved in the rapidly developing NE Portland area. A developer packet is available upon request, providing additional information and insight into the potential of this property. Don't miss out on this incredible opportunity to be a part of the exciting growth in NE Portland.¡Primera vez en el mercado! La oportunidad espera con esta encantadora casa de estilo rancho de un solo nivel situada en casi 1 acre de terreno. Zonificado R2.5 (dos lotes imponibles), esta propiedad ofrece infinitas posibilidades. La acogedora casa de 3 dormitorios y 1 baño cuenta con pisos de madera en todo, esperando ser descubiertos bajo la alfombra actual. Con la opción de remodelar la casa existente y desarrollar el resto del terreno, o demoler la casa y utilizar toda la propiedad, podría acomodar hasta 15 casas, sujeto a la debida diligencia de los compradores. El potencial es verdaderamente ilimitado.Con una ubicación conveniente a solo una cuadra de la estación Max de E Burnside 148th Ave, esta propiedad está ubicada de manera central en un vecindario que experimenta un rápido desarrollo. Más de 300 unidades se han completado recientemente o están en construcción.
Location
State OR
County Multnomah
Area _142
Zoning R2.5
Exterior
View Trees Woods
Garage No
Building
Lot Description Trees
Schools
Elementary Schools Glenfair
Middle Schools H.B. Lee
High Schools Reynolds
Others
Acceptable Financing Cash
Listing Terms Cash
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
GET MORE INFORMATION
Cassandra Marks
Realtor, Licensed in OR & WA | License ID: 201225764
Realtor, Licensed in OR & WA License ID: 201225764