Rare 10,000 SF development opportunity in Portland's Montavilla neighborhood. RM2-zoned site offering significant infill development potential in an area experiencing continued redevelopment and housing demand. Large, level parcel provides flexibility for a variety of residential development concepts, subject to buyer verification and City approval. Convenient location parks, schools, transit, shopping, restaurants, and major commuter routes. Existing home currently occupies the property; however, seller believes the highest and best use is redevelopment. Buyer to perform all due diligence regarding zoning, density, lot division, development potential, utility availability, system development charges, and intended use. Opportunities for large RM2 parcels in established East Portland neighborhoods are increasingly limited. [Home Energy Score = 1. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10249495]
Listing courtesy of Oregon First.
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