11604 SW 35TH AVE Portland, OR 97219
Price:
$860,000
Units:
1
Acres:
0.51
Unit 1:
7 Bed 5.0 Bath $6,500/mo
Features: Air Conditioning, Deck, Refrigerator, Washer/Dryer
MLS#:
24652492
Lot Size:
20,000 SqFt to .99 Acres
Type:
Multi
Zone:
R20
Yr Built:
1989
Taxe/yr:
$11,520.27
County:
Multnomah
Status:
Active
Levels:
2
Heat:
Forced Air
Nhood/Bldg:
STEPHENSON
View:
Creek/Stream, Territorial, Trees/Woods
Elem:
Stephenson
Middle:
Jackson
High:
Ida B Wells
Lot Desc:
Cul-de-sac, Gentle Sloping, Green Belt, Private
Area:
Portland NW/ SW/ S, Raleigh Hills
Courtesy of:
MORE Realty
Remarks:
Park like settings, HUGE Half Acre lot! Charming Adult Foster Care Home with Long-Term Tenant. CUSTOM BUILT excellent SW Portland location. Nestled in a tranquil neighborhood, this property is a hidden gem for investors seeking a reliable income stream. Currently occupied by a long-term tenant, the premises have been successfully operated as an Adult Foster Care Home, ensuring stability and a proven track record of success. Special Layout: Designed to cater to the needs of an Adult Foster Care facility, the property boasts 5 bedrooms, 2.5 baths on the Main level, Separate living quarters upstairs with 2 Master Suites. Extensive decking all around. Fire suppression system and generator hook-up. Quality remodel w/Newer roof, fiber cement siding, gutters. Vinyl windows, Entry & French Patio doors, laminate flooring & carpet, gas range, refrigerator. Unfinished 1800 sqft daylight basement! Prime Location: Situated in a serene and accessible area, the property benefits from proximity to essential amenities, including parks, medical facilities, and shopping centers. Excellent Condition: Regular upkeep and maintenance by the current tenant ensure that the property is in excellent condition, ready for continued use as a foster care home or any other purpose you envision. Investment Opportunity: Turnkey Operation: With a stable, long-term tenant already in place, this property offers a turnkey investment opportunity with minimal initial effort. Versatile Potential: Whether you wish to continue its operation as an Adult Foster Care Home or explore other possibilities, this property offers versatile potential to suit your investment goals. Make Your Offer subject to Interior Inspection, providing you the opportunity to thoroughly review the property and confirm its suitability for your needs. Don't miss this unique opportunity to invest in a property with a successful business model and a dependable tenant. Please don't disturb tenant. Photos from previous listing. [Home Energy Score = 4. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10127781]

We’ll get back to you as soon as we’re able. But if you need us sooner, feel free to call Brian at 503-810-2219 with your questions.


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