Modern fixturesUpdated paintNewer appliancesAir conditioning systemDetached garageNew furnace
** Price Improvement on a Great Investment Opportunity with Development Potential** Unlock the possibilities with this unique property offering both immediate income and future development potential. Zoned HDR and includes two entitled lots ready for completion. This is an exceptional opportunity for investors, developers, or buyers looking to gain a competitive advantage in today's real estate market. The home has been extensively remodeled over the past two years, featuring a new furnace, air conditioning system, updated paint, modern fixtures, and newer appliances—providing a move-in-ready residence with major improvements already completed. Currently operating as a successful Airbnb, cash-flow report available upon request. This property is offering immediate cash-flow potential while you plan your next steps. For buyers who choose not to develop the additional lots, the property offers an oversized yard with ample space for RV and boat parking, a detached garage, and endless opportunities to create your ideal outdoor retreat. An ADU may be an option (buyer to perform due diligence), adding even more flexibility and long-term value. Whether you're looking to finish the entitled lots and capitalize on development opportunities, expand your rental portfolio, or simply enjoy the benefits of a beautifully updated home with room to grow, this property presents a rare opportunity to build equity and maximize return on investment. **Don't miss your chance to own a property that combines current income, future development potential, and exceptional versatility. **Construction packet available upon request.
22 hours
|
135
|
6
|
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Jessica Balfour503-781-1010,
Equity Oregon Real Estate
Source: RMLS (OR),MLS#: 631510630
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2
Main level bathrooms: 2
Rooms
Room types: Bedroom 2, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
Primary bedroom
Level: Main
Bedroom 2
Level: Main
Heating
Forced Air
Cooling
Central Air
Appliances
Included: Built In Oven, Built-In Range, Dishwasher, Disposal, Double Oven, Stainless Steel Appliance(s)
Explore the cost of this home by adjusting the details. Changes won't be saved.
Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.