.37 acre CM2 lot priced below $100/SF with rental for income while you develop. Owner has plans ready to submit to keep house and build four 3-plex buildings (see attachments). However, development potential is 40,500SF-64,800SF of building depending on bonus provisions used. Buyer to verify with City of Portland. Great opportinity for a sizeable apartment building, or any kind of retail use, storage facility, or mixed-use plan. Many possibilities in this zone. Do not disturb tenants. Make appointment if you want to see house.