2416 Se 34th Ave Portland , OR 97214

Description

4 Units
Status: Active
Year Built: 1922
Days on Website: 47
Fully remodeled property retaining its vintage charm including a permitted ADU and two additional licensed AirBnB units remote keyless private entrances. The ADU has a potential gross income exceeding $25,000 a year, while the AirBnB rooms can generate over $40,000 annually. The AirBnB units are fully permitted and feature a security gate, private entrance, private patio with covered hot tub. Interiors have heated floors, AC, and come fully furnished, including mini fridges and microwaves, linens and supplies. Units are ready to rent after obtaining new short term rental permits from the city. Unit 1 is 434 sq. ft. with one bedroom while unit two is a 349 sq. ft. studio. The property includes tandem double car parking. Unit A is a 1,549 sq ft upper flat with 3 bedrooms, 3 full baths (with a built-in Murphy bed in the front bedroom), gourmet kitchen with Thermidor stainless appliances, gas range with hood, pantry, new refrigerator with ice maker, quartz countertops, gas stove in the dining room, vintage built-ins in dining/living room, new Maytag washer/dryer, two new tankless water heaters, new 4-stair heat/AC, hardwood flooring, double-pane vinyl windows, and fresh paint. It also features a large front porch, separate backyard with a paver patio patio and turf along with a insulated and heated work shed. There is private storage for units A and B, alarm system for the upper flat, security lighting, and new waterproofed front decking with warranty. Unit B (ADU) is 919 sq ft with 2 bedrooms, 1 bath, full kitchen with dishwasher, electric range with oven, stack washer/dryer, electric heat, private south-facing patio with small garden area, exterior storage, and waterproofing by John?s Waterproofing with sump pump, French drain, and subterranean insulation.

Open House

Property Details and Features

Contact an Agent

John Wesley McPherson, Jr., CFA

503406-1776

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