287 E 3RD ST, Lowell, OR 97452

$1,150,000
2
BD
1
BA
952
SqFt

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List Price
$1,150,000
Price Change
▲ $1,035,000 1769645404
Days on Market
246
Status
ACTIVE
MLS#
346012767
Rent
1875
Bedrooms
2
Bathrooms
1
Living Area
952
Lot Size
1 to 2.99 Acres
Region
Lane Co: Pleasant Hill / Oakridge

Property Description

Exceptional development opportunity in Lowell, just 20 minutes from Eugene. This 2.12-acre parcel includes tentative subdivision approval with the City of Lowell for 11 total lots, offering builders and investors a major head start on a highly desirable small-scale subdivision. The property also includes an existing newly remodeled 2 bedroom home that is currently rented month-to-month, providing income during the development process. The site is largely cleared, utilities are nearby, soils are favorable, and the project aligns with Lowell’s current residential growth needs.This is an ideal opportunity for a builder or developer seeking a manageable, profitable project supported by city momentum. More information regarding pre approval packet with the City of Lowell, engineers concept plans, and city correspondence available.

Additional Information

Tax Amount
$2,548
Year Built
1963
High School
Lowell
Elementary School
Pleasant Hill
Middle School
Lowell
Garage Spaces
2
Garage Type
Attached
Acres
2.12
Living Area
952
Stories
1
Property Type
Single Family Residence
Terms
Cash, Conventional
Master Bedroom Level
Main
Cooling Description
Mini Split
Fuel Description
Electricity
Heating Description
Mini Split
Hot Water Description
Electricity
Exterior Description
Wood Siding
Roof Type
Composition
Sewer Description
Public Sewer
Style
1 Story, Contemporary
View
Territorial
Parking
Driveway, Off Street
Parking Description
Driveway, Off Street
Covenants/Restrictions
Yes
Road Surface
Gravel, Paved
Exterior Features
Yard
Interior Features
Hardwood Floors, Laminate Flooring, Vinyl Floor, Washer/Dryer
Kitchen Appliances
Appliance Garage, Built-in Range, Dishwasher, Free-Standing Refrigerator, Range Hood, Stainless Steel Appliance(s)

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Listing courtesy of Works Real Estate.

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