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Listed by Premiere Property Group, LLC
$ 624,990
Est. payment | /mo
3,871 SqFt
$ 624,990
Est. payment | /mo
3,871 SqFt
Key Details
Property Type Multi-Family
Listing Status Pending
Purchase Type For Sale
Square Footage 3,871 sqft
Price per Sqft $161
Subdivision Madison Place
MLS Listing ID 570703005
Year Built 2000
Annual Tax Amount $9,524
Tax Year 2024
Lot Size 5,227 Sqft
Property Description
Exceptional Investment Opportunity: 3-Plex in a Thriving Community.Discover this traditional-style 3-plex, offering a unique blend of comfort, functionality, and income potential. Nestled within a welcoming community of multi-family homes, this property is ideally situated near shopping, schools, parks, & more. The Homeowners Association (HOA) not only enhances community living but also includes property management services, ensuring a hassle-free ownership experience. Unit A – Charming Two-Story Townhouse. This unit features two spacious bedrooms & 1 1/2 bathrooms, providing ample space for comfortable living. The open-concept living area is accentuated by a cozy gas fireplace. Enjoy the convenience of a private patio for outdoor relaxation & an attached garage for secure parking & additional storage. Unit B – Expansive Single-Level Flat with Bonus Room. This two bedroom, full bathroom unit boasts a large bonus room complete with a closet, perfect for use as a third bedroom or home office. The generous living & dining areas flow seamlessly into the kitchen, all warmed by a gas fireplace. A private patio provides a serene outdoor space, and direct garage access adds to the unit's practicality. Unit C – Upper-Level Flat with En-Suite Primary Bedroom. This upper-level unit has two bedrooms & two full bathrooms, one is a private en-suite in the primary bedroom. The expansive living space is highlighted by a gas fireplace, offering a comfortable & inviting atmosphere. An attached garage ensures convenient parking and storage solutions. Additionally, a fourth garage currently generates additional rental income but offers flexibility for use as on-site storage or further income opportunities. This 3-plex presents a opportunity to invest in a property that combines immediate income generation w/ long-term growth potential. Whether you're expanding your portfolio or seeking a solid entry into real estate investment, this property warrants your attention. Call for tour.
Location
State OR
County Multnomah
Area _142
Zoning EG2
Rooms
Basement Crawl Space
Interior
Heating Zoned
Cooling None
Exterior
Garage Spaces 4.0
View Territorial
Roof Type Composition
Garage No
Building
Lot Description Corner Lot, Level
Story 2
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Elementary Schools Jason Lee
Middle Schools Roseway Heights
High Schools Leodis Mcdaniel
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
