🔥OFF MARKET INVESTOR PROJECT THAT NEEDS TO BE FINISHED IN PORTLAND

Multnomah County, Portland, OR, 97227 view full address
For Sale
Listed at: July 24th, 2024
Price
$700,000
ARV
$900,000
Gross Margin
$200,000
Sq. Footage
2860
Type
Single-Family
Parking
Detached Garage
Year build
1912
Lot size
0.12 acres
Bedrooms
3
Bathrooms
1
Half Bathrooms
1
If someone buys for this price, no more offers will be accepted
Summary

Investor deal that has a ton of profit. Property purchased by a savy investor and they did alotb of work and had some unforseen circumstanes arise that need to be dealt with and are looking to move this at a great price. They purchased in Mar 2024 for $583,000.00 and have done: 

work completed:

new deck

new fence on N side

new roof

new concrete steps in front

skim coating in dining room

living room paint & stain

hardwoods on site acclimating to be installed in living room (can complete this in the next couple weeks if requested)

radon mitigation performed (waiting on the re-test)

furnace serviced

new supply lines to sink and tub/shower in main floor bath

new toilet in main bath

skim coat walls in main bath (above tile)

kitchen cabs & appliances demo'd/wall patched with green board

Stiil some rehab to go but if there was not it would be this cheap. Showings avaliable and comps are solid for thsi project!!

Previous INFO 

Power outages not a worry for this great Overlook home with its Generator that automatically comes on to keep the home warm and appliances running! Nestled in the beautiful Overlook Neighborhood sits this grand home with a charming front porch including a porch swing! There is also a brand new concrete stoop leading up to the front porch. Updates are needed but the bones are good! A pre-listing inspection was done. Features include a Brand new composition roof with tear off of the old one. A Honeywell Generator will keep you powered up & running for any "just in case" times of a power outage. Cyclists will love the 97 BIKE SCORE in this great neighborhood! The main floor features the original wood work, wainscotting, built ins and some light fixtures. Just needs a little more restoration of the original woodwork and some new flooring to bring it back to its original elegant style. In the photos where the floors look partially painted and different directions of the floor boards, it appears there was hardwood on top of the wood at one time as viewed in the dining room. The ceilings are tall and the windows are beautiful. The living room features a wood burning fireplace, the adjoining dining room has a built in china hutch. The kitchen is spacious with room for a dining nook. The primary bedroom is on the main floor and the other bedroom on the main floor is non-conforming but has an alcove for the closet. There may have been a closet at one time. Upstairs is a lot of space - 2 bedrooms, office and storage galore! Central AC!! The basement features a big family room area including a pool table. The rest of the basement area is open and great for more storage or ??. There is a door to the outside from the basement. There is also a detached garage.

Huntington Equity Invest, LLC makes no warranties, and the buyer is to verify facts. Properties are sold AS-IS. Huntington Equity Invest is a Direct Seller in this transaction. Please DO NOT attempt to contact the seller or view the property without first scheduling an appointment with us.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Josh Venegas

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