Great redevelopment site on corner lot. Current zoning of R1 is changing to CM2 in 2018. Excellent investment and cash flow opportunity on close-in NE 42nd. Currently a duplex that lives like a 4-plex with a detached room behind the main building built from two shipping containers. Buy and bank it with positive cash flow(6 cap rate) and develop later. See plans for unit layouts.
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Jim Lutz, CCIM Oregon Principal Broker Premiere Property Group, LLC
Beaverton, OR 97006 503-750-6388 Contact Me