MLS# 24608793 – 3649 Sw 52nd Pl, Portland, OR 97221 – John Wesley McPherson, Jr., The Portland Team with Premiere Property Group, LLC

Listing courtesy of Keller Williams PDX Central.

Property Description

Description

2 Units

Status: Active

Year Built: 1969

Neighborhood: Bridlemile

Days on Website: 57

Enjoy your new life in this spacious condo nestled in the highly sought-after Wilcox Estates. This unique property features a 2-bedroom, 2-bathroom upstairs unit and a 1-bedroom (plus den), 1-bathroom downstairs unit. Each unit offers its own separate entrance, cozy fireplaces, and outdoor spaces with views of the grassy field and pool. The fully renovated downstairs unit is currently vacant and ready for you to move in, while the upstairs unit is tenant-occupied through August 2024 with a month-to-month lease thereafter. (please do not disturb). The HOA covers both units and water, sewer, trash, management, commons, exterior, pool, cable TV, and internet. This versatile property is perfect for multigenerational living, an owner-occupied rental, or a strong passive income stream. Don't miss this incredible opportunity!

Property Details and Features

Unit Two

Units Total:

Area:

956

Features:

Dishwasher,Fireplace,WasherDryer,WindowCoverings

1 total bathroom

1 total bedroom

Basement

Basement:

SeparateLivingQuartersApartmentAuxLivingUnit

Building

Building Area Total:

1960

Built in 1969

Storage:

Garage

Stories:

Unit Type Type:

UnitTypeType1,UnitTypeType2

Community

Community Features:

AllLandscaping,Pool

Cooling

Cooling:

None

Expenses

Operating Expense:

$20,418

Exterior Features

Exterior Description:

WoodSiding

Foundation

Foundation Details:

ConcretePerimeter

Garage

Garage Spaces:

Water Features

Waterfront Features:

Other

Waterfront Property

Heating

Heating Available

Heating:

Zoned

Home Owner's Association

HOA Required

Income

CAP Rate:

0.58

Gross Income:

$23,400

Gross Rent Multiplier:

21.79

Net Operating Income:

$2,982

Listing

Contract Status Change Date:

2024-09-27

Days On Market:

Last Transaction Date:

2024-11-17 09:40:07

List Price:

$510,000

Listing Contract Date:

2024-09-27

Listing Id:

24608793

Mls Status:

Active

Modification Timestamp:

2024-11-17 09:40:07

On Market Date:

2024-09-27

Previous List Price:

$519,000

Rent Includes:

MaintenanceGrounds,Sewer,TrashCollection

Standard Status:

Active

Location

MLS Area Major:

_148

Subdivision Name:

BRIDLEMILE

County Or Parish:

Multnomah

Lot

Features:

GentleSloping,Terraced

Size Range:

SqFt0Kto2999

Size:

0K to 2,999 SqFt

Miscellaneous

Investor Information:

AccordingToOwner

Parking

Features:

Garage

1 total parking spot

Property

Number Of Units Total:

Property View

Zoning:

R10

Roof

Roof:

Composition,Shingle

Schools

High School:

Ida B Wells

Middle Or Junior School:

Robert Gray

Elementary School:

Bridlemile

Security Features

Features:

Entry

Sewer

Sewer:

PublicSewer

Taxes

Annual Amount:

$6,143

Legal Description

Tax Year:

2024

Unit One

Actual Rent:

$1,950

Area:

1004

Features:

Deck,Dishwasher,Fireplace,WasherDryer

Units Total:

2 total bathrooms

2 total bedroom

Utilities

Fuel Description:

Electricity

Hot Water Description:

Electricity

Water Source:

PublicWater

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$510,000 - Br/0Ba - for Sale in Bridlemile, Portland

Virtual Tour

Contact an Agent

John Wesley McPherson, Jr., CFA

503406-1776 Email Me

Location

$510,000 -

3649 Sw 52nd Pl Portland , OR 97221

MLS Area Major: _148

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.