A SOLID Investment property! Cap rate of 5.57% with a very low vacancy rate of 1%. This desirable property is a townhome style duplex with a great functional floorplan. A smart addition to your investment portfolio. The seller is the original owner. It has been well cared for inside and out. Each unit has 3 good size bedrooms, 2.5 baths, wall to wall carpet, newer roof 10/2018, newer LVP floors (4038)-2022 & vinyl floors in 2018 (4048) for easy care and maintenance. The open floor plan is ideal. Kitchens include a double sink, breakfast bar and all appliances for both units. The slider just of the dining area, gives easy access to a private patio & fenced backyard perfect. Six New LED front security lights provide ample light at night. The vinyl siding makes your maintenance and upkeep a breeze. On a bus line and less than a mile for shopping, dining & parks makes this a perfect location. Easy access to I84. Photos of unit 4048 were taken prior to the tenant move in and 4038 were taken in June of 2024.
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Virtual Tours for 4038 POWELL VALLEY RD Gresham, OR
4038 POWELL VALLEY RD (MLS #24463018) is a multi-family listing located in Gresham, OR.
This multi-family listing is 2,460 sqft and on a lot of 7,405 sqft (or 0.17 acres) and is 23 years old. This property was listed on 10/25/2024 and has been priced for sale at $627,900.
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Listing information courtesy of: Keller Williams PDX Central