$775,000

Calling all thoughtful Developers ! Check-out this great development opportunity in the highly coveted Cathedral Park neighborhood with views of the iconic St. Johns Bridge, the West Hills, and seasonal views of the Willamette River. This quiet and wooded, 12,500-sqft corner property consists of five 25x100 lots, providing many possibilities. With RM1 zoning the choice is yours. Construct rowhouses or a charming apartment building up to 3 stories; or retain the existing home and build on 1 or 2 of the lots around it. The home is an open-plan, single-level midcentury with 2 bedrooms, 2 baths, an oversized 2-car attached garage, RV parking, and hot-tub room. Conveniently located near public transportation, schools, and vibrant downtown St. Johns. Buyer to verify and conduct all due diligence to maximize all the possibilities this property has to offer.