RECENT PRICE ADJUSTMENT! Opportunity for investors, developers, or buyers looking for a property with potential! This 2-bedroom, 1-bath home offers 1, 182 sq ft of living space on a level 4, 200 sq ft lot. Currently tenant-occupied with rental income of $1, 220 per month, the property offers several possibilities, including continued rental income, renovation, expansion, or redevelopment. Zoned RM2, providing additional potential for future development, subject to buyer verification and approval. The basement offers generous storage space, and the property is being sold AS-IS. Seller prefers to sell with tenants in place and together with the property across the street (MLS #269068286), but will consider separate offers. Buyer to perform all due diligence regarding zoning, development options, and intended use. PLEASE DO NOT DISTURB TENANTS OR ENTER THE PROPERTY WITHOUT PRIOR PERMISSION FROM THE LISTING AGENT. Blue garage belongs to the neighboring property and is not included in the sale. [Home Energy Score = 4. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10239305]