
Courtesy of The Agency Portland
$300,000
Rare Portland Corner Lot: Four-Townhome Project with Plans and Engineering DoneSkip months of design work. This 8,536 sq ft corner lot at NE Killingsworth St and NE 49th Ave comes with a fully designed four-unit townhome project that has already been submitted to the City of Portland. It's zoned RM2 (Residential Multi-Dwelling 2).**What's already done:**- Complete architectural plan set: site plans, floor plans, elevations, foundation, roof and cross sections- Structural engineering and calculations stamped by an Oregon-licensed P.E., covering framing, shear walls, hold-downs and foundation design- Building permit application submitted to the City of Portland, currently at the intake stage**The proposed townhomes:**- Four 3-story units of about 1,478 sq ft each (about 5,915 sq ft total)- 3 bedrooms and 3.5 baths per unit, including a top-floor primary suite with its own bath- Open main level with kitchen, dining and living room, plus a covered rear patio- Second-floor great room with a balcony- Tankless water heaters in every unit- Off-street parking, a driveway and landscaping shown on the site planThe existing 687 sq ft home is in rough condition and priced for its land and development value. That makes this a strong fit for builders, developers and investors who want a shorter path to construction.The location puts you near shopping, dining, transit and the amenities of an established NE Portland neighborhood.The complete plan set and engineering package convey with the sale. Buyer to perform their own due diligence on zoning, permitting, utilities, development feasibility and construction costs. The plans, permit status and unit count are subject to City of Portland review and approval.
4900 NE Killingsworth St, Portland, OR 97218

$1,864 /mo
Estimate only, and not an offer of credit. Assumes 20% down ($60,000) 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 The Agency Portland
Courtesy of Redfin
Courtesy of Living Room Realty

Courtesy of MORE Realty

Courtesy of Keller Williams Realty Portland Premiere

Courtesy of John L. Scott Portland Metro
Courtesy of Real Estate Network Group, LLC
Courtesy of Portland Proper Real Estate
Courtesy of Blue Sky Property Northwest
Courtesy of Happy Homes Properties, Inc.

Courtesy of Keller Williams Realty Professionals
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