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.
Room Features
2nd BedroomMain
2nd KitchenLower
3rd BedroomLower
4th BedroomLower
Bathrooms Full Lower Room1
Bathrooms Full Upper Room1
Bathrooms Partial Upper Room1
Bathrooms Total Lower Room1.0
Bathrooms Total Main Room0.0
Bathrooms Total Upper Room1.1
Dining RoomMain
Dining Room FeaturesBookcases
Family RoomLower
KitchenMain
Kitchen FeaturesEating Area, Island
Living RoomMain
Living Room FeaturesFireplace
Non Owner Occ Entry RoomGround Level With Steps
Primary BedroomMain
Sun RoomMain
Basement DescriptionDaylight, Separate Living Quarters/Apartment/Aux Living Unit, Finished
Lot & Building Features
AppliancesBuilt-in Oven, Stainless Steel Appliance(s), Range Hood, Plumbed For Ice Maker, Microwave, Island, Granite, Dishwasher, Cooktop, Convection Oven
CoolingCentral Air
HeatingForced Air
Parking DescriptionDriveway, RV Access/Parking
SewerPublic Sewer
WaterPublic Water
Water HeaterTankless
Fireplaces1
Community and Schools
Elementary SchoolErrol Hassell
Junior High SchoolMountain View
Senior High SchoolAloha
Price History of 17350 BANY RD, Beaverton, OR
Date
Name
Price
Difference
02/27/2024
Price Adjustment
$1,145,000
0.43%
08/02/2023
Listing Price
$1,150,000
N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.
17350 BANY RD (MLS #23424279) is a 2 story, daylight ranch single family home located in Beaverton, OR.
This single family home is 2,772 sqft and on a lot of 39,639 sqft (or 0.91 acres) with 4 bedrooms, 3 baths and is 51 years old. This property was listed on 08/02/2023 and has been priced for sale at $1,145,000.
Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.
All information provided is deemed reliable but is not guaranteed and should be independently verified.