284 Waite St, Eugene, OR 97402

Opportunity knocks. This property features a remodeled single level home, a detached shop with ADU studio (accessory dwelling unit) and nearly a half an acre of potentially dividable property. With the potential of splitting into multiple lots with the development of additional homes plus the ADU this could be a homerun investment. The current home has driveway access separate from the shop. The home has been remodeled from top to bottom. Recent upgrades include siding and windows, roof, LVP flooring, fresh paint and so much more. Great separation of space with high ceilings and both family and living rooms. Family room does have a closet and has been used as a very large third bedroom in the past. The shop is nearly 900 square feet with 9' doors and a studio ADU in back. High ceilings in both portions with additional storage available above both. Electric panel has been upgraded. Seller states that there is an RV dump hookup outside. There is a separate driveway to access shop and additional driveway space to access the rear portion of the property. Review with the city but initial reviews have indicated a lot would be fairly simple to develop at the rear of the property. Other potential development could include separating house and shop into additional separate lots. Build a home for the shop and perhaps a garage with ADU for the existing home plus another home and ADU on the back lot to increase the value. With middle housing there may be potential for higher density.