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4450 NE 38TH AVE
Portland, OR 97211
Residential (Single Family Residence)
0.12 Acres
4948 Sqft Living Area
11 Bedrooms
9 Bathrooms (5 Full, 4 Half)
Year Built: 1942
$1,440,000
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Property Description
Fantastic property located in NE Portland. 11 bedrooms, 5 full baths, and 4 half baths and 3 kitchens, one on each level. Updates with tasteful additions, and extremely well maintained. Investor opportunity with solid cash flow with an 8.56 cap rate. Rented fully as a care home. ADA friendly home, featuring accessibility amenities including an approach with ramp, accessible doors and hallways, main floor bedrooms with baths and walk in showers. High vaulted ceilings in 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.
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Contact Details
Name: Israel Hill
Email: israelhill@johnlscott.com
MLS Listing Id: 23382743
Agent Phone: (503) 230-8600
List Agent License:
Office Name: John L. Scott NE Portland
Office Phone: (503) 230-8600
Office MLS Id: JLSP50
Listing Status: Active
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Copyright © 2024 OpenHous, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
