MLS# 24329275 – 627 Ne San Rafael St, Portland, OR 97212 – John Wesley McPherson, Jr., The Portland Team with Premiere Property Group, LLC

Listing courtesy of Urban Nest Realty.

Property Description

Description

3 Units

Status: Active

Year Built: 1910

Neighborhood: Eliot

Days on Website: 84

All furniture included with acceptable offer! Beautifully updated Duplex in the Eliot neighborhood with a fully updated, non-conforming 3rd unit that is perfect for a live-in rental to help pay the mortgage in a fantastic location! The owner grossed roughly $79k on average annually through airbnb between 2022 & 2023 off just the main and top floor with separate entrance. The main level features original built in's, open living, tons of light, stainless steel appliances, eat bar, and ample cabinet space in the kitchen. Upper unit features 1 bedroom and 1 bathroom, with a great room, kitchen and seating area. Outside you can enjoy a private yard that invites relaxation, while a charming porch offers a perfect spot for morning coffee or evening gatherings. The finished basement comes complete with a full kitchen, big living and dining area with a 1/2 bath, full bath and a bedroom. This is a great opportunity to expand your rental portfolio or to generate income from your home, do not miss out!

Property Details and Features

Listing

List Price:

$875,000

Contract Status Change Date:

2024-08-30

Days On Market:

Last Transaction Date:

2024-11-13 17:16:05

Listing Contract Date:

2024-08-30

Listing Id:

24329275

Mls Status:

Active

Modification Timestamp:

2024-11-22 09:48:21

On Market Date:

2024-08-30

Previous List Price:

$895,000

Rent Includes:

None

Standard Status:

Active

Property Access

Road Surface Type:

Concrete,Paved

Basement

Basement:

Finished,FullBasement

Building

Building Area Total:

2702

Built in 1910

Stories:

Unit Type Type:

UnitTypeType1,UnitTypeType2,UnitTypeType3

Exterior Features

Exterior Description:

ShakeSiding

Foundation

Foundation Details:

ConcretePerimeter

Heating

Heating Available

Heating:

ForcedAir

Income

Gross Income:

$68,400

Gross Rent Multiplier:

12.79

Location

MLS Area Major:

_142

Subdivision Name:

ELIOT

County Or Parish:

Multnomah

Lot

Features:

Level

Size Acres:

0.12

Size Range:

SqFt5000to6999

Size Square Feet:

5,227

Size:

5,000 to 6,999 SqFt

Miscellaneous

Investor Information:

AccordingToOwner

Parking

Features:

Driveway,OffStreet

2 total parking spots

Possession

Possession:

SubjectToTenantRights

Property

Number Of Units Total:

Property Condition:

UpdatedRemodeled

Property View

Zoning:

R2.5

Roof

Roof:

Composition

Schools

High School:

Jefferson

Middle Or Junior School:

Harriet Tubman

Elementary School:

Irvington

Security Features

Features:

Sidewalk

Sewer

Sewer:

PublicSewer

Taxes

Annual Amount:

$5,215

Legal Description

Tax Year:

2023

Unit One

Actual Rent:

$2,250

Area:

1056

Features:

HardwoodFloors,Refrigerator,Storage,WasherDryer

Units Total:

2 total bathrooms

2 total bedroom

Unit Two

Actual Rent:

$1,450

Area:

632

Features:

Range,Refrigerator,WasherDryer,WindowCoverings

Units Total:

1 total bathroom

1 total bedroom

Unit Three

Actual Rent:

$2,000

Area:

1014

Features:

HardwoodFloors,Refrigerator,Storage,WasherDryer

Units Total:

2 total bathrooms

1 total bedroom

Utilities

Fuel Description:

Gas

Internet Service Type:

Cable

Water Source:

PublicWater

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Contact an Agent

John Wesley McPherson, Jr., CFA

503406-1776 Email Me

Location

$875,000 -

627 Ne San Rafael St Portland , OR 97212

MLS Area Major: _142

Street View

Nearby Schools

Recent Sales in the Area

This content last updated on November 22, 2024 12:47PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.