624 Park Street, Ashland, OR 97520 US Ashland Home for Sale

624 Park Street, Ashland, Oregon

Property Details

Inactive

$445,000

Listing Information

  • MLS: 2958588
  • Bedrooms: 0
  • Baths: 0
  • Partial Baths: 0
  • Lot Size: .47
  • Style: Two Family

Property Description

Hard to find large.47 acre zoned R2 parcel. With the surge in rental demand and historic low vacancy factor and new home inventory, this property offers an excellent opportunity. Build new rental units and receive long term income or guild new single family homes for resale. The City has indicated at least 5 units can be built but buyer to do own due diligence regarding building potential. Fire Marshal states fire truck turnaround can be eliminated with installation of interior sprinklers in newly built units. This is also an excellent property to purchase and hold. Multi density zoned parcels are very rare and will become more valuable over time. Good location near transportation, schools, shopping and YMCA.

 

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