Description
Located next to the nursing school at OHSU, this 15000 SF of land on 3 city lots is zoned RM2. Potential for higher ratio with city approved inclusionary housing. Owner carry options: 5-7 loan with balloon payment at the end, amortized over 20 years, 20% down or more, 8% interest rate, No prepayment penalty after the 36th monthly payment. Huge investor/developer opportunity. The last 3 photos show a view at 25-45 feet from the ground level. From City of Portland Zoning Code RM2: 45'maximum height, which is generally up to 4 stories. Buyer to verify any and all zoning code applications for this property. [Home Energy Score = 3. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10058334]
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3BEDS
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0.34ACRES
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1BATHS
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11/2 BATHS
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2,264SQFT
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$475$/SQFT
School Information
Description
Located next to the nursing school at OHSU, this 15000 SF of land on 3 city lots is zoned RM2. Potential for higher ratio with city approved inclusionary housing. Owner carry options: 5-7 loan with balloon payment at the end, amortized over 20 years, 20% down or more, 8% interest rate, No prepayment penalty after the 36th monthly payment. Huge investor/developer opportunity. The last 3 photos show a view at 25-45 feet from the ground level. From City of Portland Zoning Code RM2: 45'maximum height, which is generally up to 4 stories. Buyer to verify any and all zoning code applications for this property. [Home Energy Score = 3. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10058334]
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