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$350,000 / 3br - 1250ft2 - Development Opportunity – 4.9 Acres with Home (Portland)
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The acreage offers significant potential for building 2-3 new homes, residential lots, multi-homes, or duplexes, or the existing home could either be renovated, rented for interim income, or cleared to maximize the land value. Given the growth in the area, this property seems well-positioned for a potential land development or project.
One-acre lot in the front, perfect if you want to build 1–2 homes, apartments, Airbnb, duplex, etc. Large back fields (2 acres) with a pond (currently dried up) and an immediate acre lot containing a 1200 sq ft home with a central heating/air unit.
The house is 2 bedroom, 1 full bath (which is in need of renovation, if you keep the house), a utility room with washer/dryer hookups, that could also be turned into a 1/2 bath. A front concrete/brick porch, a good-sized back deck with a roof awning (that is currently leaking and needs fixed) and a converted 1 car garage, into a room, which could be used a den, man-cave or 3rd bedroom.
The property comes with a big carport/tractor storage, one barn, one unattached garage and a storage shed. Located at the end of a private drive.
Conveniently located right off of Highway 109.
Land developers, builders, and investors are who I am seeking.
$349,900