3716 SE BELMONT ST Active Save Request In-Person Tour Request Virtual Tour
Portland,OR 97214
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,172 sqft
Price per Sqft $243
Subdivision Sunnyside/Hawthorne
MLS Listing ID 24136929
Year Built 1903
Annual Tax Amount $5,390
Tax Year 2023
Lot Size 3,484 Sqft
Property Description
Unlock the endless possibilities of this remarkable duplex, from generating rental income to accessing potential for future development! Investment opportunity awaits, in the heart of the hip and vibrant Belmont District. NO HOA's! Legal duplex offering 2 comfortable 1 Bedroom 1 Bath units. (Projected CAP rate of 4.4 based on projected rent) Be greeted by the inviting light filled living spaces, a well-designed layout with high ceilings and built-in storage. The use of space is maximized, creating a comfortable and functional atmosphere that is sure to inspire your personal touches. Original hardwood floors add warmth to the interiors, enhancing the overall charm of the units. The large unfinished basement offers a versatile space that provides ample storage options and shared laundry facilities. With its separate entrance, the basement opens up possibilities for expansion or additional income opportunities. The upper unit is currently occupied by a solid, leased tenant. Please respect their privacy and note that offers are subject to interior inspection of Unit B. The lower unit is vacant, presenting the perfect opportunity for an owner-occupied investment. Consider the exciting prospect of a fun reno project, restoring this gem to its former glory in an unbeatable location! Location is everything, and this duplex does not disappoint. Nestled in the highly coveted Belmont Conveniently located to trendy eateries, vibrant cafes, and eclectic shops and more. Everything you need is within easy reach. Outside you'll discover a fenced backyard, providing a private oasis for outdoor enjoyment w/ plenty of room to indulge your green thumb or create a parking area accessed by the long shared driveway.Schedule a tour and experience what this location has to offer!
Location
State OR
County Multnomah
Community Commons,Laundry
Area _143
Zoning RM2
Rooms
Basement Exterior Entry, Full Basement, Storage Space
Interior
Heating Forced Air, Wall Furnace
Cooling None
Exterior
Community Features Commons,Laundry
Roof Type Composition
Parking Type Off Street, On Street
Garage No
Building
Lot Description Commons, Level, On Busline
Story 2
Foundation Concrete Perimeter, Other
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Elementary Schools Sunnyside Env
Middle Schools Sunnyside Env
High Schools Franklin
Others
Acceptable Financing Conventional,FHA
Listing Terms Conventional,FHA