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$899,000

Well-maintained and professionally managed Brooklyn 4-plex offering stable income, a history of low vacancy, and quality tenants in place. This vintage property has seen extensive upgrades, including a newer sewer line, newer roof, windows, and electrical panels. Each 1-bedroom unit features hardwood floors, large kitchens, big windows and lots of natural light! The upper unit’s covered decks overlook the neighborhood and lower unit’s basement bonus rooms add valuable square footage. All units have dedicated water heaters and are separately metered for gas and electric. The basement provides five storage lockers, bike storage, coin-operated laundry, and additional unfinished space with ample storage potential. The backyard patio and side yard offers unique on-site access for outdoor living and entertaining. Ideally located in one of Portland’s most walkable (89 walk score!) and bike-friendly (95 bike score!) neighborhoods, just steps to parks, coffee shops, restaurants. Don’t miss this excellent opportunity to own an income-producing asset in a highly desirable location.

690752433 MLS

3628 SE MILWAUKIE AVE, Portland

$879,950

SELLER IS OFFERING A SUBSTANTIAL INTEREST RATE BUY-DOWN. LAST HOME AVAILABLE! Fantastic Live/Rent option or rent both units! This exquisite brand-new home with warranties features 3 bedrooms and 2 1/2 baths in the primary home, plus an additional 2 bedrooms, full bath, and full kitchen in a lower-level ADU with a separate entrance. Quality construction, sensible design, and stunning finishes set this home above the rest! This home is flooded with natural light and showcases high-end finishes and modern amenities throughout. Enjoy an entertainer’s kitchen with elegant quartz countertops. The spacious primary bedroom boasts a walk-in closet and a stylish en-suite bath. Consider the possibilities of the ADU… nearly identical ADU's nearby rent for $1800 and $2000/month. Renting the ADU for $1,800 per month could reduce the monthly cash-outflow for your mortgage to less than $2,000, excluding insurance and property taxes (Estimate assumes Seller Rate buydown and depends on credit, down payment, etc.) Owner will also be able to deduct depreciation, maintenance, taxes and insurance costs associated with the ADU (e.g. Please see your Accountant or Tax Expert for specific information). Or you could utilize the space for multigenerational living or as a work-from-home option. Explore the neighborhood and try some of the many outstanding dining and shopping options at your fingertips. Energy efficient? Yes! Home Energy Score is a perfect 10!

391983159 MLS

2458 SE CORA ST, Portland