Bought with Oregon First
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12841 SE FOSTER RD Portland, OR 97236
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Key Details
Sold Price $452,500
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,826 sqft
Price per Sqft $247
Subdivision Pleasant Valley / Powellhurst
MLS Listing ID 24288650
Sold Date 03/15/24
Year Built 1981
Annual Tax Amount $4,626
Tax Year 2023
Lot Size 9,147 Sqft
Property Description
INVESTOR ALERT! Fantastic investment opportunity - Fully leased turnkey duplex with a stellar rental history. Perfect for owner occupants, live in one unit while generating income from the other to help offset the mortgage payments. Recent renovations totaling $48,000 have transformed these spacious, easy accessible one-level units into comfortable living spaces. Quietly situated on a private driveway tucked away from the bustling SE Foster Road bordered by a privacy screen of established bamboo and greenery. Each 2-bedroom, 1-bath unit features an open-concept layout, seamlessly combining living and dining areas. Step out the back door to a newly fenced backyard and patio, complete with an outdoor storage closet for added convenience. Centrally located, just a 13-minute drive to PDX Airport and 20 minutes to Downtown Portland. Enjoy easy access to shopping, major highways, and public transportation. Each unit comes with its own designated assigned parking spot, as well as an additional bonus parking space that could be leased to tenants for an extra fee. Additionally, there are plenty of off-street parking options available. Recent upgrades include a new roof, fresh interior and exterior paint, plumbing, and electrical components. Inside, you'll find modern amenities like washer and dryer in each unit, new laminate flooring, granite countertops, and kitchen cabinets designed for optimal storage. Stainless steel appliances, including a refrigerator, dishwasher, stove, and microwave. Unit 12841 even features a newer gas furnace and hot water heater.ALL utilities covered by Tenants. Ask your agent for a complete list of recent upgrades and repairs. Don't let this opportunity slip away! Reach out today to inquire about 5% down financing options and schedule your showing. PLEASE DO NOT DISTURB TENANTS.
Location
State OR
County Multnomah
Area _143
Zoning CM1
Rooms
Basement Crawl Space, Dirt Floor
Interior
Heating Forced Air
Cooling None
Exterior
View Trees Woods
Roof Type Composition,Shingle
Parking Type Assigned, Driveway
Garage No
Building
Lot Description Commons, Flag Lot, Level, On Busline, Private, Private Road
Story 1
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public Water
Level or Stories 1
Schools
Elementary Schools Gilbert Hts
Middle Schools Alice Ott
High Schools David Douglas
Others
Acceptable Financing Cash, Conventional, FHA, VALoan
Listing Terms Cash, Conventional, FHA, VALoan
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