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Key Details
Sold Price $565,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,617 sqft
Price per Sqft $349
MLS Listing ID 22267886
Sold Date 09/26/22
Style Bungalow
Bedrooms 3
Full Baths 3
Year Built 1910
Annual Tax Amount $3,208
Tax Year 2021
Lot Size 1,742 Sqft
Property Description
Amazing single-family unit with permitted ADU/mother-in-law suite in the lower level in the Heart of North Portland. High grossing Airbnb unit generating nearly $2,000/month on a part-time basis or use it as a guest suite, art studio, media room, or storage. Live in the main unit or rent for $2,250/month, with two bedrooms and two full bathrooms, washer and dryer in both units. A potential CAP RATE of 6.01% is an excellent opportunity for first-time investors or seasoned landlords. A Must See!
Location
State OR
County Multnomah
Area _141
Rooms
Basement Finished, Partially Finished
Interior
Interior Features Bamboo Floor, Ceiling Fan, High Ceilings, Laundry, Washer Dryer
Heating Forced Air
Cooling Window Unit
Appliance Free Standing Gas Range, Free Standing Range, Free Standing Refrigerator, Range Hood
Exterior
Exterior Feature Guest Quarters, Patio
Roof Type Composition
Parking Type On Street
Garage No
Building
Lot Description Level
Story 3
Foundation Slab
Sewer Public Sewer
Water Public Water
Level or Stories 3
Schools
Elementary Schools Chief Joseph
Middle Schools Ockley Green
High Schools Jefferson
Others
Senior Community No
Acceptable Financing Cash, Conventional, FHA, VALoan
Listing Terms Cash, Conventional, FHA, VALoan
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Cassandra Marks
Realtor, Licensed in OR & WA | License ID: 201225764
Realtor, Licensed in OR & WA License ID: 201225764