COME BACK FOR ANOTHER LOOK!! All new high-end, eco conscious Coretec luxury vinly plank flooring in a classically modern light wood finish and fresh paint throughout. This is an amazing opportunity to find affordability and style in one of Portland's premiere neighborhoods in the thick of the best of the city's vibrant restaurant scene, shopping and night life. Cool renovation of single story ranch with a nice, open floor plan and super practical 3bd\2ba configuration. Small private patio on the east side of home. The gorgeous ADU was designed by celebrated local firm zenbox designs and is chock full of custom, one of a kind fixtures and fittings. Featured in NY Times magazine, this studio unit has a separate, private outdoor space and features many innovative, custom design elements: spa-style bathroom, custom, locally designed and hand-made kitchen island that converts to a bar height dining table with award winning bar stools. Soaring ceilings, gas fireplace, sleeping loft and retractable nanowall create the ultimate small space that lives big. Unit was a very successful and lucrative air b and b prior to being rented for $1600/month to a long term tenant.Electric wall heaters and wood burning fireplace in main home. Minisplit system with heating and cooling and gas fireplace in ADU. Each space has private laundry and ADU has a good sized fenced yard area that could be modified to be easily accessible to main floor unit.
Property Features
Bedrooms
Heating and Cooling
- Cooling Features: MiniSplit
- Heating Features: MiniSplit, WallHeater
- Heating Fuel: Electricity, Gas
- Heating: Yes
- Water Heaters: Electricity, Gas
Bathrooms
Other Rooms
- Basement Description: CrawlSpace
Land Info
- Lot Description: CornerLot, Level
- Lot Size Acres: 0.1
- Lot Size Square Feet: 4356
Exterior and Lot Features
Garage and Parking
- Parking Features: Driveway
- Parking Total: 1
School Information
- Elementary School: Abernethy
- High School: Cleveland
- Middle School: Hosford
Rental Info
- Gross Income: 52800
- Gross Scheduled Income: 52800
- Rent Includes: Electricity, Gas, MaintenanceGrounds, Sewer, TrashCollection, Water
Multi-Unit Info
- Number of Units: 2
- Unit Type: UnitTypeType1, UnitTypeType2
- Bedrooms in Unit-1: 3
- Total Bathrooms in Unit-1: 2
- Total Bathrooms in Unit-2: 1
Homeowners Association
- Calculated Total Monthly Association Fees: 0
Other Property Info
- LotSizeRange: SqFt3000to4999
- Annual Tax Amount: 7062.949999999
- Source Listing Status: Active
- County: Multnomah
- Cap Rate: 6.79
- Directions: SE Division to north on SE 34th to property on right on the corner of Grant Ct and SE 34th
- Tax Year: 2023
- Source Property Type: MultiFamily
- Parcel Number: R277035
- Zoning: resid
- Source System Name: C2C
Commercial Info
- Net Operating Income: 47520
- Operating Expense: 14000
Building and Construction
- Year Built: 1977
- Building Area Total: 1638
- Building Exterior Type: MetalSiding, T111Siding
- Foundation Details: ConcretePerimeter
- Property Age: 47
- Property Condition: UpdatedRemodeled
- Roof: Composition
- Levels or Stories: 1
Utilities
- Sewer: PublicSewer
- Water Source: PublicWater