tomo logo

$525,000

Beds
3
sq ft
1,763

2910 SE Oak Grove Blvd, Portland, OR 97267

2910 SE Oak Grove Blvd

Milwaukie, OR 97267

  • 14 days on market
Opportunity knocks! Two units, both currently rented, with excellent cash flow. The main house in front is 1,188 sq. ft. incl. converted garage, 2 BR/1 bath, currently rented at $1,650/month. The second house in rear has been recently refreshed and is 575 sq. ft., 1 BR/1 bath, currently rented at $1,350/month. Conveniently located between the Oak Grove Blvd. shops & McLoughlin Blvd: walk to Fred Meyer & transit. Commercial zoning (C3) offers even more opportunities! Photos are from when the rear unit was refreshed, prior to the current tenancy of that unit.

Details

Property type

Est. home value

$462,621

Lot size

0.29 acres

Price per sq ft

$298

Year built

1947

Annual property taxes

$4,066.48

Price History

09/22/2024
PortlandOR

PortlandOR #24136475

Listed
$525,000

Schools & Community

Elementary school: 

Oak Grove

Middle school: 

Alder Creek

High school: 

Putnam

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Ark-La-Tex Financial Services Llc

Loan start date

August 2023

Original loan amount

$200,000

Est. remaining balance

$197,711

Interest rate

6.81%

Loan type

New Conventional, 30 year

Seller

Patrick Michael Gaylord and The Patrick Michael Gaylord Trust

Lender

Gn Mtg Co

Loan start date

August 1999

Original loan amount

$112,500

Est. remaining balance

$38,599

Interest rate

7.65%

Loan type

Not Provided, 30 year

Seller

Frederick M Gaylord and Sandra Gaylord

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 10/05/2024 at 9:25 PM

Listing updated: 09/23/2024 at 3:49 PM

Listed by: Wayne Sanman, RE/MAX Equity Group Phone #: (503) 653-0607

MLS: PortlandOR #24136475

PortlandOR logo

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