MLS # 24136929 | Listed by John L. Scott Portland Central 3716 Se Belmont St is a $529,000, 2,172 square foot, 2 bedroom, 2.0 bath home on a 0.08 acre lot located in Portland, OR.
Investment opportunity of a lifetime in the heart of the hip and vibrant Belmont District. NO HOA's! Legal duplex offering 2 comfortable 1 Bedroom 1 Bath units. (Projected CAP rate of 4.4 based on projected rent) Be greeted by the inviting light filled living spaces, a well-designed layout with high ceilings and built-in storage. The use of space is maximized, creating a comfortable and functional atmosphere that is sure to inspire your personal touches. Original hardwood floors add warmth to the interiors, enhancing the overall charm of the units. The large unfinished basement offers a versatile space that provides ample storage options and shared laundry facilities. With its separate entrance, the basement opens up possibilities for expansion or additional income opportunities. The upper unit is currently occupied by a solid, leased tenant. Please respect their privacy and note that offers are subject to interior inspection of Unit B. The lower unit is vacant, presenting the perfect opportunity for an owner-occupied investment. Consider the exciting prospect of a fun reno project, restoring this gem to its former glory in an unbeatable location! Location is everything, and this duplex does not disappoint. Nestled in the highly coveted Belmont Conveniently located to trendy eateries, vibrant cafes, and eclectic shops and more. Everything you need is within easy reach. Outside you'll discover a fenced backyard, providing a private oasis for outdoor enjoyment w/ plenty of room to indulge your green thumb or create a parking area accessed by the long shared driveway. Unlock the endless possibilities of this remarkable duplex, from generating rental income to accessing potential for future development!
| Basement | Exterior Entry Full Basement Storage Space |
| Cooling Types | None |
| Heating Types | Gas Forced Air Wall Furnace Hot Water Description - Gas |
| Parking Types | Off Street On Street |
| Exterior Features | Paved None Commons Laundry Asbestos Cement Siding Commons Level On Busline Basement |
| Roof | Composition |
| Construction Types | Concrete Perimeter Pillar/Post/Pier |
| Water Source | Public Water |
| Sewer | Public Sewer |
| Brokerage Name | John L. Scott Portland Central |
| Brokerage Contact | neportland@johnlscott.com |
| Property Type | Multi Family |
| Style | Existing None |
| Year Built | 1903 |
| HOA Fee | $0.00 |
| Taxes | $5,390.00 |
| County | multnomah |
| Elementary School | sunnyside env |
| Middle School | sunnyside env |
| High School | franklin |
| Neighborhood | Sunnyside/Hawthorne |
| Financial Terms | Conventional FHA |
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