804 W N ST, Springfield, OR 97477

$370,000
3
BD
1
BA
1,272
SqFt

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List Price
$370,000
Price Change
▼ $10,000 1783572983
Days on Market
264
Status
ACTIVE
MLS#
107477481
Bedrooms
3
Bathrooms
1
Living Area
1,272
Lot Size
10, 000 to 14, 999 SqFt
Region
Lane Co: Springfield

Property Description

Multi-lot Development opportunity! City Supported Partition Plan allowing up to 3 lots or 4 total residences if not partitioned. Rare opportunity in a prime Springfield location. Walking distance to Autzen Stadium. The City has approved a plan in the Development Initiation Meeting/video 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. Bring your Contractor and understand the entitlement already done. Virtual tour video 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. (See attached Springfield Developer Packet.)The existing home is livable and currently occupied. A great candidate for a cosmetic facelift or full remodel. A new roof has already been completed. New Heavy Duty Everlife Andover Series floor covering. The large shop building provides additional opportunities and can be upgraded into an accessory dwelling. ( City is presently waiving many of the associated fees) A site diagram shows Rainbow Drive abutting the north side of the property and illustrates the three approved lots. The seller planned 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 Willamette River and Springfield High, this property sits in a highly desirable, walkable corridor along the river. Street improvements (paving) scheduled soon. (See attached document.) Buyer must perform Due Diligence with City.of Springfield.

Additional Information

Tax Amount
$2,681
Year Built
1951
High School
Springfield
Elementary School
Centennial
Middle School
Briggs
Garage Type
Converted
Acres
0.33
Living Area
1,272
Stories
1
Property Type
Single Family Residence
Terms
Cash, Rehab
Master Bedroom Level
Main
Cooling Description
Window Unit(s)
Fuel Description
Electricity
Heating Description
Forced Air
Hot Water Description
Electricity, Gas
Exterior Description
T-111 Siding, Wood Siding
Roof Type
Composition
Sewer Description
Public Sewer
Style
1 Story, Ranch
Parking
Driveway, RV Access/Parking
Parking Description
Driveway, RV Access/Parking
Road Surface
Paved
Exterior Features
Fenced, RV Parking
Interior Features
Ceiling Fan(s), Hardwood Floors, High Speed Internet
Kitchen Appliances
Dishwasher, Free-Standing Range, Free-Standing Refrigerator

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Eugene Track Town Realtors LLC.

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