3535 SW BUDDINGTON ST, Portland, OR 97219
- $659,900
- List Price
- $659,900
- Price Change
- ▼ $40,000 1789076785
- Days on Market
- 118
- MLS#
- 774815176
- Property Type
- Land
- Lot Size
- 20, 000 SqFt to .99 Acres
- Region
- Portland NW/ SW/ S, Raleigh Hills
- Status
- ACTIVE
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, although system development charges (SDC's) and 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 home construction. In addition, the seller owns four neighboring tase lots currently 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 their intended use.
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Additional Information
- Tax Amount
- $8,430
- High School
- Ida B Wells
- Elementary School
- Markham
- Middle School
- Jackson
- Acres
- 0.91
- Property Type
- Single Family Residence
- Lot Size Dimension
- 200x200
- Terms
- Cash
- View
- Park/Greenbelt, Territorial, Trees/Woods
- Utilities Included
- Natural Gas Available, Sewer Connected, Water Connected
- Road Frontage Yn
- Yes
- Present Use
- Residential
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Listing courtesy of MORE Realty.
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