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Listed by RE/MAX Equity Group

$479,000

Est. payment - /mo

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8 BD

2.2 BA

1,520 SqFt

Active

14612 SE MAIN ST Portland, OR 97233

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Suzy Kormanik

suzy@suzysellsvancouver.com +1(360) 931-8786

UPDATED:

10/15/2024 11:10 AM

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,520 sqft

Price per Sqft $315

MLS Listing ID 24612948

Style Stories1, Ranch

Bedrooms 8

Full Baths 2

Year Built 1976

Annual Tax Amount $5,679

Tax Year 2023

Lot Size 6,969 Sqft

Property Description

Attention investors! Don’t miss this fantastic income-generating property—a one-level home that the property type is an adult foster care facility. The home features eight bedrooms, two full baths, two half baths, and a gathering area, perfect for communal living. The covered back deck offers additional outdoor space, and the property has a mix of windows and a newer furnace with A/C for comfort. Zoned R7 with adult foster care approval, this home provides excellent potential for continued rental income. The rooms are currently rented month to month, and this is not adult foster care. The tenants pay anywhere from 550-700 a month, generating $4695 monthly. Each room comes fully furnished with a bed, dresser, lockable doors, and windows, making it move-in-ready for tenants. The current tents would like to stay on the property. This home can be a fantastic investment. Check it out today

Location

State OR

County Multnomah

Area _143

Zoning R7

Rooms

Basement Crawl Space

Interior

Interior Features Tile Floor, Vinyl Floor, Wallto Wall Carpet, Washer Dryer

Heating Forced Air95 Plus

Cooling Central Air

Appliance Dishwasher, Free Standing Range, Microwave, Pantry

Exterior

Exterior Feature Covered Deck, Deck, Porch, Tool Shed, Yard

Garage Converted, PartiallyConvertedtoLivingSpace

View Trees Woods

Roof Type Composition

Parking Type Driveway

Garage Yes

Building

Lot Description Level

Story 1

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public Water

Level or Stories 1

Schools

Elementary Schools Parklane

Middle Schools Centennial

High Schools Centennial

Others

Senior Community No

Acceptable Financing Cash, Conventional, FHA, VALoan

Listing Terms Cash, Conventional, FHA, VALoan

Regional Multiple Listing Service (RMLS)

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Suzy Kormanik

Broker | License ID: 138510

+1(360) 931-8786