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Listed by RE/MAX Equity Group
$ 525,000
Est. payment | /mo
1,763 SqFt
$ 525,000
Est. payment | /mo
1,763 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,763 sqft
Price per Sqft $297
Subdivision Oak Grove
MLS Listing ID 24136475
Year Built 1947
Annual Tax Amount $4,184
Tax Year 2024
Lot Size 0.290 Acres
Property Description
Opportunity knocks! Two units, both currently rented, with excellent cash flow. The main house in front is 1,188 sq. ft. incl. converted garage, 2 BR/1 bath, currently rented at $1,650/month. The second house in rear has been recently refreshed and is 575 sq. ft., 1 BR/1 bath, currently rented at $1,350/month. Conveniently located between the Oak Grove Blvd. shops & McLoughlin Blvd: walk to Fred Meyer & transit. Commercial zoning (C3) offers even more opportunities! Photos are from when the rear unit was refreshed, prior to the current tenancy of that unit.
Location
State OR
County Clackamas
Area _145
Zoning C3
Rooms
Basement None
Interior
Heating Baseboard, Forced Air
Exterior
Roof Type Composition
Garage No
Building
Lot Description Level
Story 1
Foundation Concrete Perimeter, Slab
Sewer Public Sewer
Water Public Water
Level or Stories 1
Schools
Elementary Schools Oak Grove
Middle Schools Alder Creek
High Schools Putnam
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Brian Johnson
REALTOR®, Licensed in Oregon & Washington | Lic# 201220025