10626 E BURNSIDE ST Active

Portland,OR 97216

$ 900000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 24533035

Annual Tax Amount $4,744

Lot Size 0.430 Acres

Property Description

Fantastic multifamily development opportunity in RM-3 zone. Great frontage on E. Burnside and easy access to transit. See attached zoning code for details. Buyer to do own due diligence for development.RM-3 zoning highlights: 65'maximum height, up to 6 stories. 2:1 FAR increasing to 3:1 with bonus provisions such as affordable housing. Parking not required for up to 30 units on small sites up to 10,000 ft² or on sites near frequent transit.

Location

State OR

County Multnomah

Area _143

Zoning THR

Exterior

Utilities Available SeeRemarks

Schools

Elementary Schools Cherry Park

Middle Schools Floyd Light

High Schools David Douglas

Others

Acceptable Financing Cash,Contract,OwnerWillCarry

Listing Terms Cash,Contract,OwnerWillCarry

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