133RD PORTLAND, OR 97224

Features

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Facts

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Sale Type

This property is offered for sale with Owner Financing available. With Owner Financing, owners can offer flexible terms which allow buyers to purchase property without a traditional bank loan. This leaves more room for negotiation on loan terms and approvals.

Description

This expansive 9,052 square foot work in process is set on a generous 1.5-acre lot, a property brimming with potential and unique features. Tall fir trees and a territorial view signal a stately presence. It stands as an exceptional opportunity for investors, developers, or families looking for a substantial wealth building project. With a past proposal for seven additional subdividable buildable lots, this property is not just a home but a potential development goldmine.Care Home/Multigenerational Housing Opportunity: The layout and size make it suitable for conversion into a care home, subject to necessary permissions. Elevator Shaft: An existing shaft to connect all three levels, enhancing accessibility and adding a touch of luxury or ADA support. There is Ample Parking, inside and out. The current bed/bath count is 7/7.1, and As-Built Plans are available. Past construction took a pause, so changes to plans are much easier to make before construction resumes.Seller financing available, will carry balance with 50% down.