Rare opportunity to own a huge parcel of dividable land in Milwaukie! Site includes existing home which is currently income producing as a rental. Surveys are complete by Seller for a four lot subdivision and the project is ready to go with a county bond. City allows for each of the land parcels to each have a single family or an attached home of 1-4 units, so you could potentially build 16 townhomes. the existing home sits on one parcel. Buyer to complete it's own due diligence. Existing home had new sewer 2018 and from 2019 had new roof, new gutters, new skylights, interior renovation, updates to wiring, new appliance and new interior and exterior paint. Developers Package available upon request.