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BANY BEAVERTON, OR 97007
- Single Family Home / Owner Financing
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Property Details for BANY St, BEAVERTON, OR 97007
Features
- Price/sqft : View Details
- Total Units : View Details
- Total Rooms : View Details
- Room List : View Details
- Roof Type : View Details
- Heating : View Details
- Construction Type : View Details
- Exterior Walls : View Details
Facts
- Year Built : View Details
- Property ID : View Details
- MLS Number : View Details
- Parcel Number : View Details
- Property Type : View Details
- County : View Details
- Legal Description : View Details
Pre-Foreclosure Info
- Recording Date : View Details
- Recording Year : View Details
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
Seller Carry Terms Option. This property boasts the perfect location, conveniently situated close to all amenities, and on the bus line, making commuting a breeze. You'll find yourself just minutes away from the renowned Nike World Headquarters, adding further value to this prime location. At 2772 sq ft, this daylight ranch with a separate entrance below offers ample space and flexibility. With 4 bedrooms and 2.5 bathrooms, this home provides comfort and lots of convenient storage. However, the true magic of this property lies in the land itself, presenting an exceptional development opportunity. The potential to divide the land into 5 lots is a tantalizing prospect, each estimated to sell for a lucrative $210K to $230K in the thriving Beaverton market. This opens the door for substantial returns on your investment, making it an ideal opportunity for developers. Currently, the house itself generates a solid rental income, with tenants paying $3495 on a new one-year lease. This steady cash flow allows for flexibility during the development process, as you work towards realizing the land's full potential. Upon separating the lots from the house, the property value can soar, with the house alone estimated at nearly $700k. Alternatively, the house could be transformed into two separate units, offering the option to rent them out individually due to the presence of an additional lower level kitchen. To add to the excitement, the city has already approved the possibility of constructing two duplexes (4 units in total) on the land. Furthermore, envision the possibility of constructing duplexes on all five lots, resulting in a total of 12 rental units, with the house serving as one of the duplexes. This ambitious yet rewarding plan offers boundless potential for rental income and long-term growth. While we provide you with these options, it remains the responsibility of the buyer to ensure all details align with their specific goals and due diligence with the city/county.
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Property Brokerage:
EXP REALTY LLC
3200 N Lombard St
Portland
OR
97217
Copyright © 2024 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
All information provided is deemed reliable, but is not guaranteed and should be independently verified.