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287 E 3rd St, Lowell
$1,150,000
Save
- Price per sqft
- $1,207.98
- Built in
- 1963
- Property size
- 952 sqft
- Lot size
- 2.12 acres
- Property type
- Residential
- Days on market
- 337
Overview
Exceptional development opportunity in Lowell, just 20 minutes from Eugene. This 2.12-acre parcel includes tentative subdivision approval with the City of Lowell for 11 total lots, offering builders and investors a major head start on a highly desirable small-scale subdivision. The property also includes an existing newly remodeled 2 bedroom home that is currently rented month-to-month, providing income during the development process. The site is largely cleared, utilities are nearby, soils are favorable, and the project aligns with Lowell’s current residential growth needs.This is an ideal opportunity for a builder or developer seeking a manageable, profitable project supported by city momentum. More information regarding pre approval packet with the City of Lowell, engineers concept plans, and city correspondence available.
Details
Interior
- Interior features
- Hardwood Floors, Laminate Flooring, Vinyl Floor, Washer / Dryer
- Appliances
- Appliance Garage, Built-in Range, Dishwasher, Free Standing Refrigerator, Range Hood, Stainless Steel Appliance
- Cooling
- Yes
- Cooling description
- Mini Split
- Heating
- Yes
- Heating description
- Mini Split
Exterior and lot
- Lot size
- 2.12 acres
- Exterior features
- Yard
- Lot features
- Cleared, Level
- Architectural style
- One Story, Contemporary
- Roof
- Composition
- View
- Yes
- View description
- Territorial
Utilities
- Sewer
- Public Sewer
- Water source
- Public Water
Parking
- Garage spaces
- 2
- Parking
- Driveway, Off Street
- Total parking
- 2
Schools
- High school
- Lowell
- Middle school
- Lowell
- Elementary school
- Pleasant Hill
Location
- City
- Lowell
- County
- Lane
- Zoning
- R-3
Taxes and dues
- Annual taxes
- $2,548 (2024)
Location
287 E 3rd St, Lowell, OR 97452
Monthly payment estimate
$6,333 /mo
- Principal and interest
- $6,121
- Property tax (2024)
- $212
- Total
- $6,333
Estimate only, and not an offer of credit. Assumes 20% down ($230,000) and a 30-year fixed rate at 7.00%. Property tax is the assessed annual amount from the listing, divided by twelve. Rates change daily. Insurance and mortgage insurance are not included. Speak to a lender for terms that apply to you.
