4450 NE 38TH AVEPortland, OR 97211
Fantastic property located in NE Portland. 11 bedrooms, 5 full baths, and 4 half baths and 3 kitchens, one on each level. Updates with tasteful additions, and extremely well maintained. Investor opportunity with solid cash flow with an 8.56 cap rate. Rented fully as a care home. ADA friendly home, featuring accessibility amenities including an approach with ramp, accessible doors and hallways, main floor bedrooms with baths and walk in showers. High vaulted ceilings in back unit and lots of natural light on the upper floor and hardwoods throughout the main floor with many period details such as coved ceilings, two fireplaces and built-ins. All rooms are equipped with high end Mini-splits and energy efficient double pane vinyl windows. Great opportunity to own a high income producing property close to Wilshire Park, Beaumont Village and a short distance to Alberta Arts.
- Property Type:
Residential
- Architectural Style:
English
- Bedrooms:
11
- Bathrooms:
9
- Dwelling Size:
4,948 Square Feet
- Lot Size:
0.12 Acres
- Lot Description:
- Stories:
3
- Year Built:
1942
- Interior Features:
HardwoodFloors, HeatedTileFloor, HighCeilings, Laundry, SeparateLivingQuartersApartmentAuxLivingUnit, VaultedCeiling
- Exterior Features:
Patio, Yard
- Parking:
Garage or Parking Spaces: 0
Features: Driveway, OnStreet
- Area:
_142
- Views:
- Schools:
High School(s): Jefferson
Middle School(s): Vernon
Elementary School(s): Vernon
- HOA:
- Senior Community:
- Heating:
MiniSplit
- Cooling:
Other
- Appliances:
Dishwasher, FreeStandingRange, FreeStandingRefrigerator, RangeHood
- Fireplace:
Fireplace(s): 2
Features: WoodBurning
- Accessibility:
- Security Features:
- Foundation:
ConcretePerimeter
- Roof:
Composition