About This Home
This 4-bedroom, 2-bathroom residential multi family at 19570 SE YAMHILL St in Gresham, OR is listed for $440,000 ($277 per sqft). Built in 1963, the home offers 1,588 sqft of living space on a 0.20 acres lot.
Key Features
- Built in 1963
- 0.20 acre lot
Property Details
Excellent Investment Opportunity! Duplex situated on a large 8,519 sq. ft. corner lot just one block from MAX for convenient commuting. Long-term ownership of over 20 years with excellent rental history.Unit #1 features 2 bedrooms, 1 bath, newer range & refrigerator, laminate flooring and inside utility room with washer/dryer hookups, utility sink and storage cabinets.
Large fenced yard is separated from the adjoining unit for added privacy. Enclosed and gated carport provides additional storage plus a separate storage shed.Unit #2 offers a similar 2-bedroom, 1-bath floor plan plus a bonus room that could provide flexible space for an office, den or potential 3rd bedroom (no closet).
Also includes inside utility, fenced yard, enclosed/gated carport and storage.Major improvements include NEW roof & gutters in 2023 and NEW vinyl windows in 2019. Exterior is ready for fresh paint and your personal touch.One unit is currently vacant for easy viewing.
Long-term tenant in occupied unit has been there approximately 20+ years and currently pays $1,100/month, reflecting reduced rent in consideration of assistance with yard/property care. Vacant unit most recently rented for $1,600/month. Current rents indicate potential rental upside. Great opportunity for investor or owner-occupant looking to build equity and generate income!
Monthly Cost Estimate
$2,353/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
19570 SE YAMHILL St
Gresham, OR 97233
Anniversary Park
Questions & Answers
This 4-bedroom, 2-bathroom residential multi family at 19570 SE YAMHILL St is listed at $440,000 ($277/sqft). The estimated monthly payment is $2,353 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1963, 0.20 acre lot.
This property is listed by Gloria Hahn and can be reached at 5039975745.