$233000
3 Bed
1 Bath
1260 SqFt
1 DOM
Built: 1910
Real Estate Agent
(503) 336-1515Investor Alert! C1 Zoned Fixer on Corner Lot with Detached Garage! Investor Special | Income Potential | Fix and Flip | Rental Investment | Land Bank Opportunity | Mixed-Use Zoning | Rare opportunity in the heart of Sandy. This corner-lot bungalow is zoned C1 (Commercial Mixed Use), offering flexibility for long-term development, live/work use, or income potential.The existing structure features 3 bedrooms, 1 bathroom, a laundry area, and a detached 2-car garage. Per the City, a homeowner may add an addition (not ADU) with a second bathroom, enhancing functionality and value. The layout makes it ideal for those looking to renovate and restore to livability. Once renovated, the property can be rented as a single-family dwelling for cash flow while holding for future appreciation — perfect for a fix and flip, rental investment, or land bank strategy. Detached garage offers additional storage or workspace flexibility.The property is in need of renovation, but updates/repairs of up to just under 50% of the sale price are generally allowed without triggering additional development requirements (buyer to verify).Important: Sewer and water moratorium in place – no new connections permitted. Buyers must rely on existing connections and infrastructure.Buyer due diligence to verify all zoning allowances, expansion options, and renovation limits. Property sold as-is.
Listing Provided Courtesy of Daniela Sardo, Real Broker
673842917
SingleFamilyResidence
1 DOM
3
5227.2 SqFt
1
1260
1910
C1
Clackamas
00657783
Sandy
Cedar Ridge
Sandy
Residential
SingleFamilyResidence
240 SANDY CO 1ST ADD PT LTS 15&16 BLK 12
Listing Provided Courtesy of Daniela Sardo, Real Broker
Mohan Realty Group data last checked: Jul 25, 2025 19:13 | Listing last modified Jul 24, 2025 21:27,
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