556 NE LINCOLN ST, Hillsboro, OR 97124

Property Description

Double Lot in Downtown Hillsboro, One Block from Main StreetThe good news: This is 0.22 acres (9,583 SF) of prime Hillsboro real estate — a rare double lot just one block from Main Street, with a strong Walk Score thanks to its location 2-3 blocks from multiple restaurants, coffee shops, and the Hillsboro Artists Regional Theatre. It's also 2.5 blocks from the Hillsboro Transit Center and 4 blocks from the Hillsboro Central light rail station. Preliminary review under the Downtown Neighborhood Conservation (DNC) zoning supports a single-family home, duplex, triplex, fourplex, or possibly up to six attached middle-housing townhomes. For a builder or investor, this is about as good as double-lot dirt gets this close to downtown.The bad news: The house isn't coming with you into that bright future. The property was long-occupied and is packed to the rafters — literally, in places, since parts of the roof have failed. The porch is rotten, the structure is unsafe to enter, and decades of blackberry brambles and overgrown shrubs have staged a full hostile takeover of the yard. This is a "land value only" sale: the buyer will be responsible for clearing the house, the detached garage, all contents, and the vegetation before anything new can go in the ground.The fine print: Sold strictly AS-IS. No interior access — do not enter the structure or walk the porch. Personal Representative of the Estate will make no repairs and will not accept any offer with contingencies. Cash or hard-money financing only — conventional lenders won't touch this one, and honestly, neither should you without your boots on and your due diligence done.Bottom line: You're not buying a house here — you're buying the dirt, the location, and the development upside. Bring your contractor, your dumpster, and your imagination. Neighbors are protective and will notify Seller of any intrusion. Priced for quick sale!