Residential Re-Development

$215,000

2927 Geary St SE

Albany, OR 97322

Property Summary

Re-development opportunity! City of Albany has said this can be partitoned into 4 parcels and a SFR may be put on each parcel. In addition, City says an Accessory Dwelling Unit (ADU) up to 750SF or half the size of the SFR, whichever is smaller may be added on each parcel – perfect for a mother in law apartment or a rental. Existing residence on the property will need to be removed in order to divide and build. Home is currently served by well. At development, Buyer must connect to City water. Well may be used for irrigation. Buyer to do due diligence with City regarding intended development.