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
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