10
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Listed by Century 21 Agate Realty
$225,000
Est. payment /mo
8,712 Sqft Lot
New
425 Railroad ST Brookings, OR 97415
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Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 798563675
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
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