MLS # 23424279 | Listed by eXp Realty, LLC 17350 Sw Bany Rd is a $1,150,000, 2,772 square foot, 4 bedroom, 3.0 bath home on a 0.91 acre lot located in Beaverton, OR.
This property boasts the perfect location, conveniently situated close to all amenities, and on the bus line, making commuting a breeze. You'll find yourself just minutes away from the renowned Nike World Headquarters, adding further value to this prime location. At 2772 sq ft, this daylight ranch with a separate entrance below offers ample space and flexibility. With 4 bedrooms and 2.5 bathrooms, this home provides comfort and lots of convenient storage. However, the true magic of this property lies in the land itself, presenting an exceptional development opportunity. The potential to divide the land into 5 lots is a tantalizing prospect, each estimated to sell for a lucrative $210K to $230K in the thriving Beaverton market. This opens the door for substantial returns on your investment, making it an ideal opportunity for developers. Currently, the house itself generates a solid rental income, with tenants paying $3495 on a new one-year lease. This steady cash flow allows for flexibility during the development process, as you work towards realizing the land's full potential. Upon separating the lots from the house, the property value can soar, with the house alone estimated at nearly $700k. Alternatively, the house could be transformed into two separate units, offering the option to rent them out individually due to the presence of an additional lower level kitchen. To add to the excitement, the city has already approved the possibility of constructing two duplexes (4 units in total) on the land. Furthermore, envision the possibility of constructing duplexes on all five lots, resulting in a total of 12 rental units, with the house serving as one of the duplexes. This ambitious yet rewarding plan offers boundless potential for rental income and long-term growth. While we provide you with these options, it remains the responsibility of the buyer to ensure all details align with their specific goals and due diligence with the city/county.
| Above Grade Sqft | 1,496 |
| Basement | Daylight Finished Separate Living Quarters/Apartment/Aux Living Unit |
| Appliances | Built-in Oven Convection Oven Cooktop Dishwasher Granite Island Microwave Plumbed For Ice Maker Range Hood Stainless Steel Appliance(s) |
| Interior Features | Garage Door Opener Granite Laundry Separate Living Quarters/Apartment/Aux Living Unit Wood Floors Double Pane Windows |
| # Fireplaces | 1 |
| Fireplace Types | Electric Fireplace-Available |
| Cooling Types | Central Air |
| Heating Types | Gas Forced Air Hot Water Description - Tankless |
| # Parking Spaces | 2 |
| Parking Types | Driveway RV Access/Parking Attached |
| Exterior Features | Paved Lap Siding Wood Siding Deck Garden Guest Quarters RV Parking Yard |
| Roof | Composition |
| Construction Types | Concrete Perimeter Slab |
| Water Source | Public Water |
| Sewer | Public Sewer |
| Brokerage Name | eXp Realty, LLC |
| Brokerage Contact | or.broker@exprealty.net |
| Property Type | Residential |
| Property Sub Type | Single Family Residence |
| Style | 2 Story Daylight Ranch Resale |
| Year Built | 1973 |
| HOA Fee | $0.00 |
| Taxes | $5,588.00 |
| County | washington |
| Elementary School | errol hassell |
| Middle School | mountain view |
| High School | aloha |
| Financial Terms | Cash Conventional FHA |
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Cascade Hasson Sotheby's International Realty are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2023 RMLS™, Portland, Oregon. This content last updated on 12/04/2023 at 10:14pm MST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.
