Park like settings, HUGE Half Acre lot! Charming Adult Foster Care Home with Long-Term Tenant. CUSTOM BUILT excellent SW Portland location. Nestled in a tranquil neighborhood, this property is a hidden gem for investors seeking a reliable income stream. Currently occupied by a long-term tenant, the premises have been successfully operated as an Adult Foster Care Home, ensuring stability and a proven track record of success. Special Layout: Designed to cater to the needs of an Adult Foster Care facility, the property boasts 5 bedrooms, 2.5 baths on the Main level, Separate living quarters upstairs with 2 Master Suites. Extensive decking all around. Fire suppression system and generator hook-up. Quality remodel w/Newer roof, fiber cement siding, gutters. Vinyl windows, Entry & French Patio doors, laminate flooring & carpet, gas range, refrigerator. Unfinished 1800 sqft daylight basement! Prime Location: Situated in a serene and accessible area, the property benefits from proximity to essential amenities, including parks, medical facilities, and shopping centers. Excellent Condition: Regular upkeep and maintenance by the current tenant ensure that the property is in excellent condition, ready for continued use as a foster care home or any other purpose you envision. Investment Opportunity: Turnkey Operation: With a stable, long-term tenant already in place, this property offers a turnkey investment opportunity with minimal initial effort. Versatile Potential: Whether you wish to continue its operation as an Adult Foster Care Home or explore other possibilities, this property offers versatile potential to suit your investment goals. Make Your Offer subject to Interior Inspection, providing you the opportunity to thoroughly review the property and confirm its suitability for your needs. Don't miss this unique opportunity to invest in a property with a successful business model and a dependable tenant. Please don't disturb tenant. Photos from previous listing. [Home Energy Score = 4. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10127781]
Room Features
Basement DescriptionDaylight, Unfinished
Lot & Building Features
CoolingCentral Air
HeatingForced Air
Parking DescriptionDriveway, Garage
SewerPublic Sewer
WaterPublic Water
Water HeaterGas
WaterfrontCreek
Community and Schools
Elementary SchoolStephenson
Junior High SchoolJackson
Senior High SchoolIda B Wells
Unit Features
Unit Type 1 Actual Rent6500
Unit Type 1 Area2618
Unit Type 1 Baths4.100
Unit Type 1 Baths Total5
Unit Type 1 Beds Total7
Unit Type 1 FeaturesAir Conditioning, Washer/Dryer, Refrigerator, Deck
Unit Type 1 Units Total1
Price History of 11604 35TH AVE, Portland, OR
Date
Name
Price
Difference
11/11/2024
Listing Price
$860,000
N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.
11604 35TH AVE (MLS #24652492) is a multi-family listing located in Portland, OR.
This multi-family listing is 2,618 sqft and on a lot of 22,215 sqft (or 0.51 acres) and is 35 years old. This property was listed on 11/11/2024 and has been priced for sale at $860,000.
Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.
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