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Listed by RE/MAX Equity Group
$ 1,200,000
Est. payment | /mo
3,238 SqFt
$ 1,200,000
Est. payment | /mo
3,238 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,238 sqft
Price per Sqft $370
Subdivision Lents
MLS Listing ID 742021713
Year Built 2020
Annual Tax Amount $7,802
Tax Year 2024
Lot Size 8,276 Sqft
Property Description
No sign or lockbox on property. Please do not disturb tenants or enter property without listing agent. Exceptional turn-key investment opportunity! Discover this beautifully maintained investment property featuring a modern 2020 duplex and a charming 1912 home on the same tax lot. The townhouse style duplex is a quality build by contractor-owner, is set back off the street, offering open and airy living spaces designed for comfort. Each unit features a bright modern kitchen with stainless appliances, LVP flooring, a stylish half bath and extra storage under the stairs. A dining room with a slider leads to a private, enclosed patio – a tranquil retreat. The upper level has two bedrooms, full bath with shower and washer and dryer. Off-street assigned parking for each unit. The charming 1912 home with 900 sq feet has been well maintained and is in good condition. This cozy home has two bedrooms, one bath and a spacious living room with hardwood floors. Next to the dining room is a galley kitchen with a new sink and countertops, all appliances are newer. A cool spacious laundry or mud room has w/d hookups, a laundry sink and second entry. Recent updates include a new furnace in 2015 and new roof in 2019. The fenced yard is maintained by the tenant who also enjoys off-street assigned parking. Tenants pay all utilities. All three units are occupied and professionally managed, ensuring a seamless investment experience. Prime location with easy access to I-205, public transportation, shopping, schools and parks. Plus, ample off-street and on-street parking. The City of Portland approved building plans for a total of 8 units in 2019 offering incredible growth potential for investors. Buyer to conduct their own due diligence. Don't miss this rare opportunity to own a high-quality investment property with built-in potential for future development.
Location
State OR
County Multnomah
Area _143
Zoning R2.5
Rooms
Basement None
Interior
Heating Mini Split, Wall Furnace
Cooling Mini Split
Exterior
Roof Type Composition
Garage No
Building
Lot Description Level
Story 2
Foundation Concrete Perimeter, Slab
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Elementary Schools Lent
Middle Schools Kellogg
High Schools Franklin
Others
Acceptable Financing Cash, Conventional, FHA, VALoan
Listing Terms Cash, Conventional, FHA, VALoan
