
Courtesy of Premiere Property Group, LLC

$150,000
Exceptional 1.55-acre residential development opportunity featuring Willamette River and Mt. Hood views. Zoned R10 allows up to 15 residential units. Preliminary due diligence is already underway: an engineering soils study indicates suitable-bearing soils for conventional foundations with no pilings required, a transportation study supports access from NW Germantown Road, and an architectural elevation analysis demonstrates a practical downhill building site for residential development. Utilities are readily available, including sewer, natural gas, electricity, water, and telephone, with water in NW Germantown Road and a sewer line conveniently located downhill of the proposed building area. Four tax lots are included and sold together: R169465, R169462, R169466, and R169467. Buyer to perform due diligence to their own satisfaction.
NW Germantown Rd, Portland, OR 97231

$915 /mo
Estimate only, and not an offer of credit. Assumes 20% down ($30,000) and a 30-year fixed rate at 7.00%. Property tax is the assessed annual amount from the listing, divided by twelve. Rates change daily. Insurance and mortgage insurance are not included. Speak to a lender for terms that apply to you.

Courtesy of Premiere Property Group, LLC

Courtesy of Windermere Realty Trust

Courtesy of Premiere Property Group, LLC

Courtesy of Oregon First

Courtesy of Matin Real Estate

Courtesy of Keller Williams Realty Portland Premiere

Courtesy of Matin Real Estate

Courtesy of eXp Realty, LLC

Courtesy of Premiere Property Group, LLC

Courtesy of Premiere Property Group, LLC
Courtesy of Cascade Hasson Sotheby's International Realty
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