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3716 SE BELMONT ST
Portland, OR 97214
FOR
SALE
$549,000
For Sale
2,172
Sq.Ft.0.08
AcresMLS# 24136929
Cumulative Days on Market: 77
(since
May 9th, 2024)
Data provided by the MLS.
Property Details
Investment opportunity of a lifetime in the heart of the hip and vibrant Belmont District! 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 with plenty of room to indulge your green thumb or create a parking area accessed by the long shared driveway. Unlock the endless possibilities of this remarkable duplex, from generating rental income to accessing potential for future development!
Property Highlights
Price
$549,000
Property Type
Multi Family
Acres
0.08
Year Built
1903
Condition
Existing
Location
Area
_143
County
Multnomah
Subdivision
SUNNYSIDE/HAWTHORNE
Zoning
RM2
Property Details
Condition
Existing
Price
$549,000
Property Type
Multi Family
Building
Total Area
2,172
Community
Community Features
Commons, Laundry
Local Schools
Elementary School
Sunnyside Env
High School
Franklin
Middle School
Sunnyside Env
Interior Features
Rooms and Basement
Basement Features
Exterior Entry, Full Basement, Storage Space
Area and Spaces
Number of Units
2
Interior Features
Security Features
None
Heating and Cooling
Heating Features
Forced Air, Wall Furnace
Building Details
Construction
Foundations
Concrete Perimeter, Pillar Post Pier
Year Built
1903
Materials
Roof
Composition
Terms
Terms
Special Terms
Conventional, FHA
Taxes
Tax
Tax (Annual)
$5,391
Heating, Cooling & Utilities
Cooling Features
None
Utilities
Sewer
Public Sewer
Water Source
Public Water
Lot
Acres
0.08
Lot Features
Commons, Level, On Busline
Lot Size Area Sq Ft
3,484
Parking
Parking Features
Off Street, On Street
Listed by John L. Scott Portland Central.
Listing Data last updated 07/26/2024 12:00 PM
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Property History
12 days ago
Property information last updated
53 days ago
Date of last price change
77 days ago
Status Active. This is the date the listing was placed on market.
78 days ago
Date Sold
NOTE: Cumulative Days on Market: 77.
Data provided by the MLS.
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Listed by John L. Scott Portland Central
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