425 Railroad ST

Brookings, 97415

  • Bed

  • Bath

  • SqFt

  • 18 DOM

  • Built:

  • Status: Active

$225,000

X

425 Railroad ST

Brookings 97415

$225000

  • Bed

  • Bath

  • SqFt

  • 18 DOM

  • Built:

  • Status: Active

Krishna Regupathy

Principal Broker

(503) 893-8874

Prime Multi-Family Development Opportunity – Cleared Lot Near Library, Beach & Amenities. Investor alert! This level, cleared lot offers a rare opportunity to build multi-family housing in a highly desirable and convenient location. Zoned for multi-family use, this property is ideally situated just steps from the local library and just a short distance to beach access, shopping, restaurants, and other coastal amenities. Recent street improvements include paving, water-line, curb, gutter, sidewalk and storm drainage. With system development charges (SDCs) for a single-family home already paid—the city offers a discount on multi-family SDCs, crediting the already-paid single-family amount. This significantly reduces upfront costs for new development. With an ongoing rental shortage in the area and very few buildable lots like this left, thi

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