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Listing courtesy of John L. Scott.
Description
Fully remodeled property retaining its vintage charm including a permitted ADU and two additional licensed AirBnB units remote keyless private entrances. The ADU has a potential gross income exceeding $25,000 a year, while the AirBnB rooms can generate over $40,000 annually. The AirBnB units are fully permitted and feature a security gate, private entrance, private patio with covered hot tub. Interiors have heated floors, AC, and come fully furnished, including mini fridges and microwaves, linens and supplies. Units are ready to rent after obtaining new short term rental permits from the city. Unit 1 is 434 sq. ft. with one bedroom while unit two is a 349 sq. ft. studio. The property includes tandem double car parking. Unit A is a 1,549 sq ft upper flat with 3 bedrooms, 3 full baths (with a built-in Murphy bed in the front bedroom), gourmet kitchen with Thermidor stainless appliances, gas range with hood, pantry, new refrigerator with ice maker, quartz countertops, gas stove in the dining room, vintage built-ins in dining/living room, new Maytag washer/dryer, two new tankless water heaters, new 4-stair heat/AC, hardwood flooring, double-pane vinyl windows, and fresh paint. It also features a large front porch, separate backyard with a paver patio patio and turf along with a insulated and heated work shed. There is private storage for units A and B, alarm system for the upper flat, security lighting, and new waterproofed front decking with warranty. Unit B (ADU) is 919 sq ft with 2 bedrooms, 1 bath, full kitchen with dishwasher, electric range with oven, stack washer/dryer, electric heat, private south-facing patio with small garden area, exterior storage, and waterproofing by John?s Waterproofing with sump pump, French drain, and subterranean insulation.
Property Details and Features
Heating
- Heating: ForcedAir
- Heating Available
Appliances & Equipment
- Appliances: Dishwasher,Disposal,FreeStandingGasRange,FreeStandingRefrigerator,Pantry,PlumbedForIceMaker,Quartz,RangeHood,StainlessSteelAppliance
Basement
- Basement: FullBasement
Bathrooms
- 6 total baths
- 6 full bathrooms
- 3 total lower level baths
- 3 lower level full baths
- 3 total main level baths
- 3 main level full baths
Bedrooms
- 7 total bedrooms
Building
- Architectural Style: Craftsman
- Building Area Calculated: 1639
- Building Area Description: Prior List
- Building Area Total: 3415
- Built in 1922
- Lower Level Area Total: 1776
- Main Level Area Total: 1639
- Stories: 2
Cooling
- Cooling Equipped
- Cooling: CentralAir
Disclosures
- Disclosures: Disclosure
Accessibility Features
- Accessibility Features: GroundLevel,Parking
- Handicap Accessible
Exterior Features
- Exterior Description: CementSiding
- Exterior Features: AccessoryDwellingUnit,CoveredDeck,CoveredPatio,Fenced,FreeStandingHotTub,GuestQuarters,Outbuilding,Porch,RVHookup,Yard
Fireplaces
- Fireplace Features: Gas
- Fireplace Included
- Fireplaces Total: 1
Foundation
- Foundation Details: ConcretePerimeter
Interior Features
- Features: AccessoryDwellingUnit,ConcreteFloor,HardwoodFloors,HeatedTileFloor,HighSpeedInternet,Laundry,SeparateLivingQuartersApartmentAuxLivingUnit,VaultedCeiling,Wainscoting,WasherDryer
Listing
- Contract Status Change Date: 2024-07-22
- Days On Market: 60
- Last Transaction Date: 2024-09-16 15:08:02
- List Price: $1,299,900
- Listing Contract Date: 2024-07-22
- Listing Id: 24693448
- Mls Status: Active
- Modification Timestamp: 2024-09-16 15:08:02
- On Market Date: 2024-07-22
- Previous List Price: $1,375,000
- Rent Amount: $1,600
- Standard Status: Active
Location
- MLS Area Major: _143
- County Or Parish: Multnomah
Lot
- Size Range: SqFt3000to4999
- Size: 3,000 to 4,999 SqFt
Parking
- Features: Driveway
Property
- Property Condition: UpdatedRemodeled
- Property Sub Type: SingleFamilyResidence
- Zoning: 97214
Roof
- Roof: Composition
Schools
- High School: Cleveland
- Middle Or Junior School: Hosford
- Elementary School: Abernethy
Security Features
- Features: SecurityLights,SecuritySystemOwned
Sewer
- Sewer: PublicSewer
Taxes
- Annual Amount: $9,032
- Legal Description
- Tax Year: 2023
Utilities
- Fuel Description: Gas
- Hot Water Description: Gas
- Water Source: PublicWater
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This content last updated on September 21, 2024 20:52. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.