Charming 1912 duplex in the heart of Richmond, ideally situated on a quiet cul-de-sac between Hawthorne & Division! Each legally divided 1 bed/1 bath unit features hardwood floors, tiled bathrooms, and private covered outdoor spaces (porch & balcony). Shared 728 sq ft unfinished basement includes on-site laundry and dedicated storage… Read More for each unit. Upgrades include a new sewer line, reinforced detached garage with new door, updated plumbing/electrical and exterior paint (by previous owner) Large backyard offers potential for gardening or ADU/expansion (buyer to verify). Excellent previous rental history with strong financials when rented: Gross Income $38,940 Net Income $27,170 Cap Rate 4.31%. Ideal for investors, house-hackers, or multi-gen living. Could be converted back to single-family. A rare investment opportunity in one of SE Portland’s most desirable neighborhoods! Read Less
Listing courtesy of Keller Williams Realty Professionals.
Architectural Style: Bungalow, Craftsman, Building Area Calculated: 1278, Building Area Description: TAX, Building Area Total: 2006, Built in 1912, Lower Level Area Total: 728, Main Level Area Total: 778, Stories: 2, Upper Level Area Total: 500
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This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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Erika George and Kari McGee
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