Fantastic Investment Home in Northeast Portland
Fantastic Investment Home in Northeast Portland
4450 Northeast 38th Avenue, Portland, Oregon, 97211, USA
USD $1,440,000
This is a fantastic property located in NE Portland. The home boasts 11 bedrooms, five full baths, four half baths, and three kitchens - one on each level. Updated with tasteful additions and extremely well maintained, this home is an investor opportunity with a solid cash flow and a 7.16 cap rate. This is an ADA-friendly home, featuring accessibility amenities including an approach with a ramp, accessible doors and hallways, an elevator and main floor bedrooms with baths, and walk-in showers. High vaulted ceilings in the back unit and lots of natural light on the upper floor and hardwoods throughout the main floor with many period details such as coved ceilings, two fireplaces and built-ins. All rooms are equipped with high-end mini-splits and energy-efficient double pane vinyl windows. Great opportunity to own a high income producing property close to Wilshire Park, Beaumont Village and a short distance to Alberta Arts.
Highlights:
- Elevator
- Hardwood Floors
- High Vaulted Ceilings
Highlights:
- Elevator
- Hardwood Floors
- High Vaulted Ceilings
- Custom Cabinetry
- Fireplaces
- Energy-Efficient Windows
