18
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$799,000
Est. payment /mo
1.31 Acres Lot
New
3391 AVALON DR Hood River, OR 97031
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 509302160
HOA Y/N No
Year Built 1969
Annual Tax Amount $2,987
Lot Size 1.310 Acres
Property Description
Infill development opportunity in a quiet Hood River neighborhood. Located out of the fray, but with easy access to all the amenities of town, this unique parcel offers over an acre of level land with approximately 495' of frontage on Avalon Drive. With the generous frontage and municipal utilities in the road, preparing this property for development will be relatively cost effective. Currently operated as a mobile home park, the property hosts 7 manufactured homes; 3 owned by the seller and included in the property sale, and 4 tenant owned. With gross monthly rents totaling $3247, the current use makes a nice placeholder as you craft your development plans. Zoned UR1 and located just outside the city limits in the urban growth boundary, this property is ready for its next era. With annexation into the city, R1 zone density appears to allow up to 7 single family home lots, while much greater density could likely be achieved under the Middle Housing Ordinance. Buyer to do their own due diligence regarding development. Developable property with significant current income is a rarity in the Hood River market. Take a close look at this one!
Location
State OR
County Hoodriver
Area _362
Zoning U-R-1
Rooms
Basement None
Interior
Heating Baseboard, Other, Wall Heater
Cooling None
Exterior
View Territorial
Roof Type Metal,Shingle
Garage No
Building
Lot Description Corner Lot, Level, Public Road
Foundation None, Other
Sewer Shared Septic
Water Public Water
Schools
Elementary Schools May Street
Middle Schools Hood River
High Schools Hood River Vall
Others
Acceptable Financing Cash
Listing Terms Cash
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