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Listed by Living Room Realty
$ 499,900
Est. payment | /mo
5,662 Sqft Lot
$ 499,900
Est. payment | /mo
5,662 Sqft Lot
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 24590846
Year Built 1930
Annual Tax Amount $5,210
Tax Year 2024
Lot Size 5,662 Sqft
Property Description
This is what opportunity looks like. Ask for the Rentometer reports for rental comps (main house & separate apartment): ------apartment rental comps around $975 for long term (also permitted for short term!)_____the main house median rental of $2,895 - $3,060 = immediate CASH FLOW (even at 7% leveraged interest rate). Great for investors & the risk averse! The separate apartment above the 1 car garage has its own kitchen & bathroom and is currently permitted for short term rental...use as part of a rental portfolio = income generating potential! ~ ~ ~ ~ ~ ~ Discover Your New Vibe at this gem of a home - a canvas for creativity and connection, featuring over 2,435 SqFt of possibilities! Whether you're dreaming of multi-gen living, a group care environment, or a live-work setup, this versatile environment can adapt to a variety of lifestyles and needs. With 4 spacious beds and 3 baths all above grade, plus a sweet studio apartment w/kitchen & bath above the one-car garage, this house can be tailored to reflect personal style and functionality, making it perfect for different life stages, activities and endless possibilities for how you can live, work, and thrive in the space. Recent upgrades bring this home to life: a new roof (2019), water heater (2020), newer appliances, newer carpets & modern vinyl flooring, and upgraded electrical outlets, lighting, and faucets. Plus, easy-care landscaping means you can spend more time enjoying life! Nestled in the chill Brentwood-Darlington neighborhood, you're just minutes from everything: 5 mins to Trader Joe's, 2 minute bike-ride to the Spring Water Corridor Trail (mile marker 8!), and surrounded by parks, schools, and transport options. This is the spot everyone is favorable for — mere minutes from Woodstock, Hawthorne, and Clackamas Mall. Enjoy safe dog walks to the mercado, local pubs, and vibrant breweries near Foster. Welcome to your perfect pocket of Portland! [Home Energy Score = 1. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10058489]
Location
State OR
County Multnomah
Area _143
Zoning RM1
Rooms
Basement Crawl Space
Interior
Heating Forced Air, Zoned
Exterior
Garage Spaces 1.0
Roof Type Composition
Garage No
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public Water
Schools
Elementary Schools Whitman
Middle Schools Lane
High Schools Franklin
Others
Acceptable Financing Cash, Conventional, FHA, VALoan
Listing Terms Cash, Conventional, FHA, VALoan
