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Listed by John L. Scott Sandy
$ 449,900
Est. payment | /mo
0.46 Acres Lot
$ 449,900
Est. payment | /mo
0.46 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 24649309
Annual Tax Amount $3,398
Tax Year 2023
Lot Size 0.460 Acres
Property Description
Prime Investment Opportunity in Gresham! Unlock the tremendous potential with this prime location investment property! Whether you choose to renovate the current structure to use as a primary residence or investment property, or leap forward with development to realize the parcel's highest and best use, this opportunity is set to deliver. Situated in an ideal Gresham location and zoned MDR-24, this flat parcel is perfect for a Middle Housing Project, offering the potential for 9-10 units with full development as conveyed by the City of Gresham. With utilities already in place, the build-out should be smooth and efficient. The property is ideally nestled near local amenities including shopping, dining, and transit options. Additionally, it boasts convenient access to both I-84 and Highway 26, making it a strategic location for city commuting or mountain escapes. Take the initiative to guide this property through its next evolution and reap the investment returns. This excellent opportunity is ready for your vision and leadership.
Location
State OR
County Multnomah
Area _144
Zoning MDR-24
Exterior
Utilities Available ElectricityConnected, SewerConnected, WaterConnected
Garage No
Schools
Elementary Schools East Gresham
Middle Schools Dexter Mccarty
High Schools Gresham
Others
Acceptable Financing Cash
Listing Terms Cash
