Bought with eXp Realty, LLC
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Key Details
Sold Price $475,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,488 sqft
Price per Sqft $319
MLS Listing ID 24359259
Sold Date 05/17/24
Style Stories1, Ranch
Bedrooms 3
Full Baths 1
Year Built 1952
Annual Tax Amount $4,628
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
Rooms
Basement Crawl Space
Interior
Interior Features Wallto Wall Carpet, Wood Floors
Heating Forced Air
Cooling Central Air
Fireplaces Number 1
Fireplaces Type Wood Burning
Appliance Dishwasher
Exterior
Exterior Feature Patio, R V Parking, Yard
Garage Attached
Garage Spaces 1.0
View Trees Woods
Roof Type Composition
Parking Type Driveway, On Street
Garage Yes
Building
Lot Description Level, Trees
Story 1
Foundation Concrete Perimeter, Slab
Sewer Public Sewer
Water Public Water
Level or Stories 1
Schools
Elementary Schools Glenfair
Middle Schools H.B. Lee
High Schools Reynolds
Others
Senior Community No
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Cassandra Marks
Realtor, Licensed in OR & WA | License ID: 201225764
Realtor, Licensed in OR & WA License ID: 201225764