461 SE 5th St Pending Save Request In-Person Tour Request Virtual Tour
Ontario,OR 97914
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Pending
Purchase Type For Sale
Subdivision 0 Not Applic.
MLS Listing ID 98943791
Annual Tax Amount $2,489
Tax Year 2024
Lot Size 0.480 Acres
Property Sub-Type Unimproved Land
Property Description
Nearly half a city block ideal for high density single family detached dwellings (subject to city approval) in a great section of town, already with RM zoning in place. Depending on the footprint of the development multi duplexes could work beautifully and be subject to the less stringent residential rather than commercial code. Currently there are 7 very well maintained residential units on-site, generating $5450 monthly income, leading the prudent investor to scoop up this cash cow now, profit from the current income until ready to develop and add to this ever-improving section of Ontario.
Location
State OR
County Malheur
Community Curbs
Area Ontario - 1600
Zoning O-RM
Exterior
Community Features 5+ Units
Utilities Available Natural Gas Connected,Electricity Connected,Phone Connected,Sewer Connected
Building
Lot Description 10000 SF - .49 Acres,Level
Sewer Sewer-Exist
Water City Service
New Construction No
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional