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0 N Hills Drive, Lot #904144, Klamath Falls, OR 97603

$145,000
  • 0 N Hills Drive, Lot #904144, Klamath Falls, OR 97603 Main Photo

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Active
LOT SIZE 0.360 acres MLS#220227783
STATUSActive PROPERTY TYPELand - Residential SUBDIVISIONNorth Hills

Property Description

Multifamily development opportunity in North Hills! This 0.36-acre multifamily-zoned parcel is located in an established, largely built-out multifamily area surrounded by apartments, townhomes and other investment properties. Conveniently located between Oregon Tech and Klamath Community College, with easy access to Sky Lakes Medical Center, Kingsley Field and destinations throughout Klamath Falls. A substantial amount of preliminary development work has already been completed, including conceptual multifamily site planning, professional stormwater analysis and detention-system design. Sewer routing has been identified, with additional utilities along North Hills Drive. Seller will consider financing with approximately 20% down, a 2-year balloon and an interest rate approximately 1% above the prevailing average rate. Seller is retaining adjacent Parcel 1 for planned 4-plex development. Adjacent Parcel 3 is offered separately; see MLS #220227789 for an expanded development opportunity.

0 N Hills Drive, Unit 904144 | MLS# 220227783

This land located at 0 N Hills Drive, Unit 904144, Klamath Falls, OR 97603 is currently listed for sale with an asking price of $145,000. The property has approximately 0.36 Acres. Search Klamath Falls real estate on laurenhorn.fnrhomes.com today.

Property Features

Property Type: Land - Residential
Lot Size: 0.36 Acres
Taxes: $446

Feature Descriptions

Sewer: Public Sewer
Special View Info: Neighborhood

Local Schools

High School: Mazama School
Middle School: Henley
Elementary School: Shasta

Listed By / Shown By

Listed By

Agency Name: Coldwell Banker Holman Premier

Shown By

Agent Name: Lauren Horn
Agent Phone: (541) 281-2510
Agency Title: Fisher-Nicholson Realty LLC

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Estimated Payment

$ 860.97 per month $781.51 Principal & Interest $37.17 Property Tax $42.29 Homeowner's Insurance

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