$1,150,000
4 Beds
2.5 Baths
2,772 SqFt
0.91 Acre Lot
39,639 Sqft Lot
Status Active
Property Type Singlefamilyresidence
Price Type
Year Built 1973
Neighborhood
Days on Website 208

Property Map

$1,150,000 – 17350 Sw Bany Rd, Beaverton, OR 97007

Street View

Listing courtesy of eXp Realty, LLC.

Description

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.

Property Details and Features

Bathrooms

  • 1 partial bath
  • 3 total baths
  • 2 full bathrooms
  • 1 total lower level bath
  • 1 lower level full bath
  • 1 upper level total baths
  • 1 upper level full bath
  • 1 upper level partial bath

Property Access

  • Road Surface Type: Paved

Appliances & Equipment

  • Appliances: BuiltinOven,ConvectionOven,Cooktop,Dishwasher,Granite,Island,Microwave,PlumbedForIceMaker,RangeHood,StainlessSteelAppliance

Basement

  • Basement: Daylight,Finished,SeparateLivingQuartersApartmentAuxLivingUnit

Bedrooms

  • 4 total bedrooms

Building

  • Architectural Style: Stories2,DaylightRanch
  • Building Area Calculated: 1496
  • Building Area Description: RMLS
  • Building Area Total: 2772
  • Built in 1973
  • Lower Level Area Total: 1276
  • Main Level Area Total: 1496
  • RV Description: RVParking
  • Stories: 2

Cooling

  • Cooling Equipped
  • Cooling: CentralAir

Disclosures

  • Disclosures: Disclosure

Exterior Features

  • Exterior Description: LapSiding,WoodSiding
  • Exterior Features: Deck,Garden,GuestQuarters,RVParking,Yard

Fireplaces

  • Fireplace Features: Electric
  • Fireplace Included
  • Fireplaces Total: 1

Foundation

  • Foundation Details: ConcretePerimeter,Slab

Garage

  • Attached Garage
  • Garage Spaces: 2
  • Garage Type: Attached

Heating

  • Heating Available
  • Heating: ForcedAir

Interior Features

  • Features: GarageDoorOpener,Granite,Laundry,SeparateLivingQuartersApartmentAuxLivingUnit,WoodFloors

Listing

  • Contract Status Change Date: 2023-08-02
  • Days On Market: 208
  • Last Transaction Date: 2023-10-23 19:33:57
  • List Price: $1,150,000
  • Listing Contract Date: 2023-08-02
  • Listing Id: 23424279
  • Mls Status: Active
  • Modification Timestamp: 2024-02-26 00:44:53
  • On Market Date: 2023-08-02
  • Rent Amount: $3,495
  • Standard Status: Active

Location

  • MLS Area Major: _150
  • County Or Parish: Washington

Lot

  • Size Acres: 0.91
  • Size Range: SqFt20000toAcres1
  • Size Square Feet: 39,639
  • Size: 20,000 SqFt to .99 Acres

Parking

  • Features: Driveway,RVAccessParking
  • 2 total parking spots

Possession

  • Possession: SubjectToTenantRights

Property

  • Property Condition: Resale
  • Property Sub Type: SingleFamilyResidence
  • Zoning: R-6

Roof

  • Roof: Composition

Schools

  • High School: Aloha
  • Middle Or Junior School: Mountain View
  • Elementary School: Errol Hassell

Sewer

  • Sewer: PublicSewer

Taxes

  • Annual Amount: $5,588
  • Legal Description
  • Tax Year: 2022

Utilities

  • Fuel Description: Gas
  • Hot Water Description: Tankless
  • Water Source: PublicWater

Windows

  • Features: DoublePaneWindows

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This content last updated on February 26, 2024 12:43. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.