3535 SW BUDDINGTON ST, Portland, OR 97219

$659,900
2
BD
2
BA
2,898
SqFt

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List Price
$659,900
Price Change
▼ $40,000 1789076785
Days on Market
117
Status
ACTIVE
MLS#
226355717
Bedrooms
2
Bathrooms
2
Living Area
2,898
Lot Size
20, 000 SqFt to .99 Acres
Region
Portland NW/ SW/ S, Raleigh Hills

Property Description

Rare opportunity to acquire a highly versatile development property featuring an existing home and substantial additional land. The current residence is a fixer, offering multiple possibilities including renovation, removal and replacement with a new home, or full redevelopment. Seller has already completed preliminary due diligence regarding the properties development potential. The offering consisted of four tax lots totaling 16 pre-patted 25'x100' lots with an approximate combined area of 40,000 sq.ft. Portions of the property are impacted by an environmental overlay. According t0 PBOT, no street improvements are required, LTIC fees will apply. The existing residence is situated across four lots, while one adjacent tax lot includes a 30'x40' partially cement-floored garage/workshop with existing electrical service. Potential development opportunities may include a private estate style property, traditional single-family homes construction. In addition, the seller owns four neighboring tase lots curretly7 considered unbuildable, which may be available for separate purchase to provide added wooded privacy, expanded buffer space, or future flexibility. This property presents exceptional versatility and upside potential for builders, investors, and buyers seeking to create a custom vision. Buyer's to conduct their own due diligence and verify all development possibilities and suitability for intended use.

Additional Information

Tax Amount
$12,863
Year Built
1953
High School
Ida B Wells
Elementary School
Markham
Middle School
Jackson
Fireplaces Total
2
Garage Spaces
1
Garage Type
Carport, Tuck-Under
Living Area
2,898
Stories
2
Property Type
Single Family Residence
Lot Size Dimension
200x200
Terms
Call Listing Agent, Cash, Owner Will Carry, Rehab
Master Bedroom Level
Main
Fireplace Description
Wood Burning
Fuel Description
Oil
Heating Description
Forced Air
Hot Water Description
Electricity
Exterior Description
Wood Siding
Roof Type
Membrane
Sewer Description
Public Sewer
Style
Prairie
View
Park/Greenbelt, Territorial
Parking
Carport, Driveway
Parking Description
Carport, Driveway
Road Surface
Gravel, Unimproved
Exterior Features
Outbuilding, Public Road, RV Parking, RV/Boat Storage
Interior Features
Hardwood Floors, Laundry, Vaulted Ceiling(s)
Kitchen Appliances
Free-Standing Range, Free-Standing Refrigerator

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Calculator source: Real Geeks

Listing courtesy of MORE Realty.

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