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Listed by Vitality Home Realty

$395,000

Est. payment - /mo

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Pending

Milwaukie Portland, OR 97202

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Whitney Johnson

whitney@unitedcountrynw.com +1(509) 240-6438

UPDATED:

10/14/2024 10:15 AM

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 23267984

Annual Tax Amount $1,931

Property Description

5,100 SF CM2 zoned development site located in the Brooklyn Neighborhood of close-in SE Portland. This high density zoned site is presently a parking lot, has a clean environmental, and is primed for a developer to put their stamp on the neighborhood. 45?+ maximum height is allowed, (4 stories), increasing to 55? (5 stories) with bonus provisions in some areas. FAR in the CM2 zone ranges from 2.5:1- 4:1 (with bonus provisions). Parking is generally not required for non-residential uses when development is located near transit or contains fewer than 30 residential units. Location is key for this property as it is centrally positioned in close-in SE Portland?s Brooklyn neighborhood, near some of Portland?s most popular and well-known streets and neighborhoods. This area is a Biker?s and Walker?s Paradise and is just five blocks from a light rail stop and a seven minute drive by car into downtown Portland.

Location

State OR

County Multnomah

Area _143

Zoning CM2

Exterior

Utilities Available PublicSewer, WaterAvailable

Garage No

Schools

Elementary Schools Winterhaven

Middle Schools Winterhaven

High Schools Cleveland

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Regional Multiple Listing Service (RMLS)

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Whitney Johnson

Owner/Broker | License ID: 90947

+1(509) 240-6438

Whitney Johnson

Milwaukie Portland, OR 97202

Whitney Johnson

Key Details

Location

Exterior

Schools

Others

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