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17350 SW BANY RD
Beaverton, OR 97007

$1,145,000

Beds: 4
Baths: 2 | 1
Sq. Ft.: 2,772
Type: House
Listing #23424279
Seller Carry Terms Option. 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 Features
Location Information
County: Washington
Area: Beaverton, Aloha
Directions: Bany Rd to Address
Interior Features
Interior: Garage Door Opener, Granite, Laundry, Separate Living Quarters/Apartment/Aux Living Unit, Wood Floors
Primary Bedroom Description: Level: Main
Dining Room: Level: Main; Features: Bookcases, Wood Floors
Family Room Description: Level: Lower
Living Room: Level: Main; Features: Fireplace, Wood Floors
Kitchen Features: Level: Main; Features: Eating Area, Island, Granite, Wood Floors
Has Fireplace: Yes
Num Fireplaces: 1
Fireplace Description: Electric
Heating: Forced Air
Heating Fuel: Gas
Cooling: Central Air
Water Heater: Tankless
Appliances: Built-in Oven, Convection Oven, Cooktop, Dishwasher, Granite, Island, Microwave, Plumbed For Ice Maker, Range Hood, Stainless Steel Appliance(s)
Basement: Daylight, Finished, Separate Living Quarters/Apartment/Aux Living Unit
Exterior Features
Style: 2 Story, Daylight Ranch
Stories: 2
Exterior Description: Lap Siding, Wood Siding
Foundation: Concrete Perimeter, Slab
Roof: Composition
Sewer: Public Sewer
Water: Public Water
Parking Description: Driveway, RV Access/Parking
Has Garage: Yes
Garage/Parking Spaces: 2
Parking Spaces: 2
Lot Size: 20, 000 SqFt to .99 Acres
Lot Size in Acres: 0.91
Zoning: R-6
Garage Description: Attached
Exterior Features: Deck, Garden, Guest Quarters, RV Parking, Yard
Road Surface: Paved
Windows Description: Double Pane Windows
School
Elementary School: Errol Hassell
Jr High School: Mountain View
High School: Aloha
Additional Information
List Date: 08/02/2023
Property Condition: Resale
Property Subtype: Single Family Residence
Year Built: 1973
Status: Active
Tax Year: 2023
Tax Amount: $5,775.54
Green Certification: No


$ per month
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Monthly Insurance: $
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List Price:
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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
This Listing Courtesy of eXp Realty, LLC
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RMLS - Oregon data last updated at April 4, 2024 5:46 PM PT