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Listed by Century 21 Agate Realty

$225,000

Est. payment - /mo

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8,712 Sqft Lot

Active

425 Railroad ST Brookings, OR 97415

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Tommy Jedrzejczyk

tommy@tltre.com +1(503) 506-4646

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 798563675

HOA Y/N No

Annual Tax Amount $910

Tax Year 2024

Lot Size 8,712 Sqft

Property Sub-Type Multi Family

Property Description

Prime Multi-Family Development Opportunity – Cleared Lot Near Library, Beach & Amenities. Investor alert! This level, cleared lot offers a rare opportunity to build multi-family housing in a highly desirable and convenient location. Zoned for multi-family use, this property is ideally situated just steps from the local library and just a short distance to beach access, shopping, restaurants, and other coastal amenities. Recent street improvements include paving, water-line, curb, gutter, sidewalk and storm drainage. With system development charges (SDCs) for a single-family home already paid—the city offers a discount on multi-family SDCs, crediting the already-paid single-family amount. This significantly reduces upfront costs for new development. With an ongoing rental shortage in the area and very few buildable lots like this left, this property is an exceptional opportunity for developers or investors looking to create much-needed housing in a central location. Don't miss your chance to secure this ready-to-build lot in a thriving coastal community!

Location

State OR

County Curry

Area _270

Zoning R3

Exterior

Utilities Available CableAvailable, ElectricityAvailable, PublicSewer, WaterAvailable

View Territorial

Garage No

Building

Lot Description Cleared, Public Road

Schools

Elementary Schools Kalmiopsis

Middle Schools Azalea

High Schools Brookings-Harbr

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Regional Multiple Listing Service (RMLS)

NEARBY SCHOOL & BUSINESS

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