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Don’t let your Veteran and military friends miss out on the opportunity to discover this home!
19
Photos
8
beds
4
baths
1,520
sqft
Built in
1976
Attention investors! Don’t miss this fantastic income-generating property—a one-level home that the property type is an adult foster care facility. The home features eight bedrooms, two full baths, two half baths, and a gathering area, perfect for communal living. The covered back deck offers additional outdoor space, and the property has a mix of windows and a newer furnace with A/C for comfort. Zoned R7 with adult foster care approval, this home provides excellent potential for continued rental income. The rooms are currently rented month to month, and this is not adult foster care. The tenants pay anywhere from 550-700 a month, generating $4695 monthly. Each room comes fully furnished with a bed, dresser, lockable doors, and windows, making it move-in-ready for tenants. The current tents would like to stay on the property. This home can be a fantastic investment. Check it out today
Features & Amenities
Interior
- General:
- Tile floor, Vinyl floor, Wallto wall carpet, Washer dryer
- Appliances:
- Dishwasher, Free standing range, Microwave, Pantry
- Basement:
- Crawl space
- A/C:
- Central air
- Heating:
- Forced air 95 plus
- Disability Feature:
- Accessible approachwith ramp, Accessible entrance, Accessible full bath, One level, Utility room on main, Walkin shower
Exterior
- General:
- T 111 siding, Covered deck, Deck, Porch, Tool shed, Yard
- Style:
- Stories 1, Ranch
- Parking:
- Driveway, Parking spaces: 0
Construction
- Roofing:
- Composition
- Windows:
- AluminumFrames,DoublePaneWindows,VinylFrames
- General:
- Concrete perimeter
Location
- Road/Access:
- Concrete
- Originating MLS:
- Regional Multiple Listing Service, Inc.
- County:
- Multnomah
Lot
- Zoning:
- R7, PARTITION PLAT 1990-68, LOT 1, R236878
- View:
- View
Utilities
- Water:
- Public Water
- Sewer:
- Public Sewer
Financial
- Source:
- Regional Multiple Listing Service, Inc.
This listing courtesy of:
RE/MAX Equity Group, Gary Horton
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Portland, OR
Housing
- Number of Units
- 428,822
- Median Home Value
- $473,531
- Median Rent
- $1,251
43.72% of housing units are renter occupied.
5.89% are vacant.
Commute
- Car
-
46.63%
- Public Transportation
-
6.64%
- Walk to Work
-
3.11%
- Work from Home
-
40.47%
- Other
-
0.60%
The median travel time to work is 17 minutes.
People
- Population
- 933,432
- Median Age
- 38.50
- Median Household Size
- 2.55
Education
- High School
-
15.24%
- Associate’s Degree
-
6.78%
- Bachelor’s Degree
-
30.17%
- Graduate Degree
-
20.64%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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