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Listed by REBECCA L FETTERS • OWL'S NEST REALTY • 971-221-3175
$ 485,000
Est. payment | /mo
2 Beds
1 Bath
1,426 SqFt
$ 485,000
Est. payment | /mo
2 Beds
1 Bath
1,426 SqFt
Key Details
Property Type Single Family Home
Sub Type Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,426 sqft
Price per Sqft $340
MLS Listing ID 832434
Bedrooms 2
Full Baths 1
Year Built 1940
Annual Tax Amount $304,300
Tax Year 2023
Lot Size 0.290 Acres
Acres 0.29
Property Sub-Type Residence
Property Description
Attention Developers, Investors, Contractors and Buyers In Need of an Over Sized Shop! This property features a 1429 SF, 2 bedroom, 1 bath home that is comfortable and fully functional. Additional cosmetic improvements could make this a beautiful home for someone wishing to utilize the shop and oversized lot for themselves. Note that second floor bedroom conversion is not believed to be included in 1429 SF noted in tax records. Seller's current mortgage at 2.38% is assumable for owner occupants meeting mortgage criteria. Home also has great rental potential. Shop has been used for mechanic work/motorcycle repair in the past. It has ample storage, an oversized garage door and abundant open workspace. Land is a secluded, quiet, and private .29 acre flag lot zoned RM2. Per city website, this allows for medium-scale multi-dwelling construction characterized by 3-4 story buildings including a diverse range of multi-dwelling structures, fourplexes and rowhouses. Buyers to do own due diligence with city and county regarding possible property uses. Property is conveniently located with easy access to Gresham, Downtown Portland, I205, and mass transit.
Location
State OR
County Multnomah
Area Os Outside 4 County Area
Rooms
Primary Bedroom Level 1/Main
Interior
Flooring Wood
Exterior
Parking Features None
Fence Yes
Garage No
Building
Foundation Slab
New Construction No
Schools
Middle Schools Ron Russell
High Schools David Douglas
Others
Acceptable Financing Cash, Conventional, Federal VA, FHA, ODVA, Rehab Loan
Listing Terms Cash, Conventional, Federal VA, FHA, ODVA, Rehab Loan
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Shannon Knapp
Agent | License ID: 201232190