MLS# 24124456 – 830 Nw Division St, Gresham, OR 97030 – John Wesley McPherson, Jr., The Portland Team with Premiere Property Group, LLC

Listing courtesy of eXp Realty, LLC.

Property Description

Description

2 Units

Status: Active

Year Built: 1965

Days on Website: 9

Attention savvy investors! If you’re on the hunt for a fully furnished, ready-to-go Airbnb that promises immediate positive cash flow, look no further! Proudly present not one, but two exceptional properties that are primed for success. This charming duplex is ideally situated just steps from Gresham Station and a short stroll to the vibrant downtown Gresham, combining convenience with undeniable charm. Each unit has been meticulously maintained, reflecting a commitment to quality and comfort that is sure to impress your guests. With an array of recent modern updates throughout, the property offers a stylish and functional experience for all who stay.The thoughtfully designed layouts promote privacy and comfort, making each unit feel like a true home away from home. Guests can also enjoy their own private outdoor spaces, complete with patios and yards, perfect for relaxation in an inviting outdoor setting. To enhance overall convenience, a covered carport provides designated parking and additional storage.With its unbeatable location and impressive amenities, this duplex embodies the essence of a turn-key investment. Discover the potential for lucrative returns while offering guests a delightful stay in this charming community. Don’t let this incredible opportunity pass you by! Ready to take the first step toward a profitable investment, here it is!

Property Details and Features

Property Access

Road Surface Type:

Concrete,Paved

Basement

Basement:

CrawlSpace

Building

Building Area Total:

1704

Built in 1965

Storage:

IndividualStorageUnits

Stories:

Unit Type Type:

UnitTypeType1,UnitTypeType2

Cooling

Cooling Equipped

Cooling:

MiniSplit

Expenses

Operating Expense:

$6,310

Exterior Features

Exterior Description:

Other

Heating

Heating Available

Heating:

MiniSplit,WallHeater

Income

CAP Rate:

8.04

Gross Income:

$50,000

Gross Rent Multiplier:

10.9

Net Operating Income:

$43,838

Listing

Contract Status Change Date:

2024-11-14

Days On Market:

Last Transaction Date:

2024-11-15 15:20:51

List Price:

$545,000

Listing Contract Date:

2024-11-14

Listing Id:

24124456

Mls Status:

Active

Modification Timestamp:

2024-11-23 01:40:46

On Market Date:

2024-11-14

Rent Includes:

CableTV,Electricity,MaintenanceGrounds,Sewer,TrashCollection,Water

Standard Status:

Active

Location

MLS Area Major:

_144

County Or Parish:

Multnomah

Lot

Features:

Level

Size Acres:

0.16

Size Range:

SqFt7000to9999

Size Square Feet:

6,969

Size:

7,000 to 9,999 SqFt

Miscellaneous

Investor Information:

AccordingToOwner,ProfitLossStatement

Parking

Features:

Assigned,Carport

2 total parking spots

Possession

Possession:

CloseOfEscrow

Property

Number Of Units Total:

Property Condition:

UpdatedRemodeled

Zoning:

TLDR

Roof

Roof:

Composition

Schools

High School:

Gresham

Middle Or Junior School:

Dexter McCarty

Elementary School:

East Gresham

Security Features

Features:

SecuritySystemOwned

Sewer

Sewer:

PublicSewer

Taxes

Annual Amount:

$4,560

Legal Description

Unit One

Actual Rent:

$2,083

Area:

852

Features:

Fireplace,Furnished,Refrigerator,WasherDryer

Units Total:

1 total bathroom

2 total bedroom

Unit Two

Actual Rent:

$2,083

Area:

852

Features:

Fireplace,Furnished,Refrigerator,WasherDryer

Units Total:

1 total bathroom

2 total bedroom

Utilities

Fuel Description:

None

Hot Water Description:

Electricity

Internet Service Type:

Cable

Water Source:

PublicWater

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Virtual Tour

Contact an Agent

John Wesley McPherson, Jr., CFA

503406-1776 Email Me

Location

$545,000 -

830 Nw Division St Gresham , OR 97030

MLS Area Major: _144

Street View

Nearby Schools

Recent Sales in the Area

This content last updated on November 22, 2024 11:50PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.