Active

11604 SW 35TH AVE

Portland OR, 97219

$860,000


$328.50 per sqft

Active

7 Beds

5 Baths

2,618 sqft

Multi-family

Built in 1989

Courtesy of MORE Realty

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]

24652492

MLS ID

November 11, 2024

Listed

December 21, 2024

Updated

Map

11604 SW 35TH AVE
Portland OR, 97219

Interior Features

Total Stories

2


Bedrooms

7


Total Bathrooms

5


Full Bathrooms

5


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Forced Air

Exterior/Building Features

Lot Size

0.51 Acres


Lot Features

Cul_de_sac, Gentle Sloping, Green Belt, Private


Roof

Composition


Sewer

Public Sewer

School Information

High School

Ida B Wells


Elementary School

Stephenson

Other Property Details

Area Name

_148


Taxes

$11,520


Tax Frequency

Annually


Days on Market

40


Garage

Yes


Garage Spaces

2


Parking

Driveway, Garage


Parking Total

4


View

Yes


View Description

Creek Stream, Territorial, Trees Woods


County

Multnomah


Water Source

Public Water


Pool

No


Waterfront

Yes


Zoning

R20

Listing Courtesy of MORE Realty, Edward Peters. 503-706-4709

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Deal & Company Real Estate are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 RMLS, Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified.

This content last updated on 12/21/2024, 10:17 AM UTC. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available

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