$860,000
- Beds
- 7
- Baths
- 4.5
- sq ft
- 2,618
11604 SW 35th Ave, Portland, OR 97219
11604 SW 35th Ave
Portland, OR 97219
- 41 days on market
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]
Details
Property type
Single Family Residence
Property condition
Updated/Remodeled
Lot size
0.51 acres
Price per sq ft
$329
Year built
1989
Annual property taxes
$11,520.27
Price History
11/11/2024
PortlandOR #24429464
Listed
$860,000
+47.01%
10/09/2020
PortlandOR #20595290
Sold
$585,000
Schools & Community
Neighborhood:
Arnold Creek
Elementary school:
Stephenson
Middle school:
Jackson
High school:
Ida B Wells
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Status: Active
Tomo last checked: 12/22/2024 at 7:20 AM
Listing updated: 12/22/2024 at 1:42 AM
Listed by: Edward Peters, MORE Realty Phone #: (503) 353-6673
MLS: PortlandOR #24429464
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