$ 425,000
-
$425,000
Price -
3
Bed -
1
Bath -
1,272
SqFt
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About the Listing 5ETT01 - KUEHLRUT,KRUSELOY
Rare opportunity in a prime Springfield location! The City has approved a plan in the Development Initiation Meeting to partition the property into three lots, offering excellent flexibility for future build-out. Even better, the property also qualifies for up to four total residences without requiring a partition, giving buyers multiple development paths.A virtual tour video is available and includes the full planning meeting and transcript. It’s an eye-opening look at how supportive and solution-oriented the City of Springfield has been in helping this project move forward.The existing home is livable and currently occupied, making it a great candidate for a cosmetic facelift or full remodel. A new roof has already been completed. The large shop building provides additional upside and can be upgraded into a small home or accessory dwelling.A site diagram shows Rainbow Drive bordering the north side of the property and illustrates the three approved lots. The seller originally intended to complete the development but has since shifted plans, creating a rare chance for the next owner to step in with a significant head start.Located within walking distance of Autzen Stadium and Springfield High, this property sits in a highly desirable, walkable corridor with strong long-term value and excellent investment potential.
Listing Highlights
Status
Active
Days on Site
71
Property Type
Residential
MLS ®
107477481
Year Built
1951
Total Square Footage
1,272
Lot/Acreage
0.33
Interior Details
- Bedrooms: 3
- Bathrooms: 1 Full
- Appliances: Dishwasher, Free-Standing Range, Free-Standing Refrigerator
- Air Cond:
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Ceiling Fan(s),Hardwood Floors,High Speed Internet,Master on Main
- Water: Public Water
Exterior Details
- Lot Description: Level
- Garage Capacity: N/A
- Parking Spaces: 0
- Roof: Composition
- Others: RV Parking,Fixer
- Sewer: Public Sewer
- Parking Features: Converted,Driveway
Financial Details
- Tax Amount: $2,681
- Taxes w/Assessments: N/A
- Tax/Property ID: 0234920
- Tax Year: N/A
Payment Calculator
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Questions About..
804 W N St Springfield, OR 97477
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