Lots of options for investment or partial owner-occupied. Lower Unit is mo-to-mo starting Jan. Upper Unit (main house) is Leased thru Sept 2021. Home was Lovingly rebuilt (even new studs & foundation) by current owners. Finished in 2015, no detail was missed. Full of reclaimed material & beautiful craftsmanship. All new systems/mechanicals. Each unit has separate entrance, driveway, W/D & outdoor space. Detached garage used as storage. Interior Viewing After Accepted Offer. New Photos Added!
Off market
$701,000
1554 N Jessup St, Portland, OR 97217
3beds
2baths
2,170sqft
MultiFamily
Built in 2015
-- sqft lot
$701,000 Zestimate®
$323/sqft
$-- HOA
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Heating
- Radiant, Gas
Appliances
- Included: Dishwasher, Dryer, Washer
Features
- Flooring: Hardwood
- Basement: Finished
Interior area
- Total interior livable area: 2,170 sqft
Property
Parking
- Total spaces: 1
- Parking features: Garage - Detached
Features
- Exterior features: Wood
Lot
- Size: 5,000 sqft
- Features: Light Rail
Details
- Parcel number: R176476
- Zoning: R2
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Metal
Condition
- Restored
- Year built: 2015
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Connected
Community & neighborhood
Location
- Region: Portland
HOA & financial
Other financial information
- Total actual rent: 3645
Other
Other facts
- Roof: Metal
- Sewer: Public Sewer
- WaterSource: Public
- RoadSurfaceType: Paved
- Heating: Radiant
- Zoning: R2
- Appliances: Dishwasher, Washer/Dryer, Gas Water Heater
- Basement: Finished, Full, Daylight
- HeatingYN: true
- NumberOfUnitsTotal: 2
- Utilities: Natural Gas Connected
- Flooring: Hardwood
- FoundationDetails: Slab
- ConstructionMaterials: Wood Siding
- FarmLandAreaUnits: Square Feet
- ParkingFeatures: Storage, Assigned
- RentIncludes: Water, Sewer, Trash Collection
- CapRate: 5.04
- LotFeatures: Light Rail
- GrossIncome: 43740
- PropertyCondition: Restored
- MlsStatus: Pending
- OperatingExpense: 9726
- TotalActualRent: 3645
- GrossScheduledIncome: 43740
- NetOperatingIncome: 34014
- TaxAnnualAmount: 6660.11
- Road surface type: Paved
Services availability
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Estimated market value
$701,000