Posted by Ted on July 17, 2003 at 21:19:59:
No, it can’t be divided. The property would fit right in with a new construction. It’s so out of place in it’s current condition. Think of it as a shack in the middle of mansions. I know there’s a profit here and open to any suggestions. I’ve got lots more details for all interested parties.
$600K Urban Growth Boundary in Port Oregon - Flip? - Posted by Ted
Posted by Ted on July 17, 2003 at 14:13:14:
Found a 2BDRM fixer on 2.36 acres - looking for an investor to flip it to. Although it may be a little difficult because owner is in no hurry to sell. It’s on a quiet dead-end street with Million Dollar luxury estates as neighbors. House doesn’t even have tenants for cash-flow. I’m hesitant to put it under contract just yet. What to do???
more details please - Posted by Mike
Posted by Mike on July 17, 2003 at 14:46:56:
Where is it in Portland and what’s the zoning? I might be interested.
Re: more details please - Posted by Ted
Posted by Ted on July 17, 2003 at 16:43:31:
The property is near PCC Rock Creck Campus close to 185 and West Union. The zoning is AF-10: “agricultural and forestry district is to promote agricultural and forest uses on small parcels in the rural area”. This is a gold mine!
Re: more details please - Posted by Mike
Posted by Mike on July 17, 2003 at 18:42:44:
Ahh. So it can’t be subdivided into individual lots? The owner wants 600k for it?