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Listed by 24/7 Properties • Stacey@247prop.com
$ 900,000
Est. payment | /mo
3 Beds
2 Baths
1,709 SqFt
$ 900,000
Est. payment | /mo
3 Beds
2 Baths
1,709 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,709 sqft
Price per Sqft $526
MLS Listing ID 24126055
Style Stories1
Bedrooms 3
Full Baths 2
Year Built 1939
Annual Tax Amount $4,744
Tax Year 2023
Lot Size 0.430 Acres
Property Description
Fantastic multifamily development opportunity in RM-3 zone. Great frontage on E. Burnside and easy access to transit. See attached zoning code for details. Buyer to do own due diligence for development.RM-3 zoning highlights: 65'maximum height, up to 6 stories. 2:1 FAR increasing to 3:1 with bonus provisions such as affordable housing. Parking not required for up to 30 units on small sites up to 10,000 ft� or on sites near frequent transit.
Location
State OR
County Multnomah
Area _143
Zoning THR
Interior
Heating Hot Water
Fireplaces Number 1
Exterior
Parking Features Detached
Garage Spaces 1.0
Roof Type Composition
Garage Yes
Building
Story 1
Sewer Public Sewer
Water Public Water
Level or Stories 1
Schools
Elementary Schools Cherry Park
Middle Schools Floyd Light
High Schools David Douglas
Others
Acceptable Financing Cash, Contract, OwnerWillCarry
Listing Terms Cash, Contract, OwnerWillCarry