$529,000
- Beds
- 2
- sq ft
- 2,172
3716 SE Belmont St, Portland, OR 97214
3716 SE Belmont St
Portland, OR 97214
- 150 days on market
- Price drop $20,000↓
Unlock the endless possibilities of this remarkable duplex, from generating rental income to accessing potential for future development! Investment opportunity awaits, in the heart of the hip and vibrant Belmont District. NO HOA's! 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 w/ plenty of room to indulge your green thumb or create a parking area accessed by the long shared driveway.Schedule a tour and experience what this location has to offer!
Details
Property type
Lot size
3,484 sq ft
Price per sq ft
$244
Year built
1903
Annual property taxes
$5,390.63
Price History
08/17/2024
PortlandOR #24136929
Removed
$529,000
08/16/2024
PortlandOR #24136929
Listed
$529,000
08/14/2024
PortlandOR #24136929
Price change
$529,000
-3.64%
Schools & Community
Neighborhood:
Sunnyside
Elementary school:
Sunnyside Env
Middle school:
Sunnyside Env
High school:
Franklin
Status: Active
Tomo last checked: 10/05/2024 at 11:35 PM
Listing updated: 09/25/2024 at 11:16 AM
Listed by: Amy Bebo, John L. Scott Portland Central Phone #: (503) 230-8600
MLS: PortlandOR #24136929
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