8506 NE PRESCOTT ST Portland, OR 97220

Builders, developers, and investors - rare fixer opportunity on a 50' x 100' corner lot zoned RM1h in the Parkrose School District. Development potential includes multi-dwelling housing (1–3 stories, up to 35 feet), with no maximum density or parking requirements. Other potential uses include a duplex, triplex, fourplex, rowhouses, or courtyard housing. Buyers to complete their due diligence with the city for their intended use. Offered for the first time in nearly 30 years, this property has seat vacant for approximately three years. This property will not finance; the property is being sold strictly as-is. The furnace is non-operable, above-ground oil tank is located in the yard and detached double car garage. CAUTION: Exterior steps leading to the front door. Conveniently located with easy freeway access and close proximity to PDX Airport, Cascade Station, Costco, bus line, Sumner transit station, fire and rescue station, and 82nd Avenue corridor amenities. [Home Energy Score = 2. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10249265]