4642 Se Madison St | $780,000 | Pending
Property Map
Street View
Listing courtesy of Windermere Realty Trust.
Description
Fantastic turn key investment property that is fully rented. Low maintenance newer construction craftsman with lower level ADU. An impressive 5.74 cap rate and all in an A+ location, just off of SE Hawthorne Blvd.! Unit A consist of the top 3 floors and boasts 5 bedrooms and 3 1/2 baths. Spacious main floor living with lovely kitchen and eat area that opens to the fenced backyard. Unit B is the 1,085 square foot lower level and is a 2 bed 1 bath. Fully separate water and electricity for both units. And both fully rented with tenants that would love to stay.
Property Map
Property Details and Features
Appliances & Equipment
- Appliances: BuiltinOven,Cooktop,Dishwasher,FreeStandingRefrigerator,GasAppliances,Granite,RangeHood,StainlessSteelAppliance
Basement
- Basement: ExteriorEntry,FullBasement,SeparateLivingQuartersApartmentAuxLivingUnit
Bathrooms
- 5 total baths
- 4 full bathrooms
- 1 partial bath
- 1 total lower level bath
- 1 lower level full bath
- 0 total main level baths
- 1 main level partial bath
- 3 upper level total baths
- 3 upper level full baths
Bedrooms
- 7 total bedrooms
Building
- Architectural Style: Craftsman
- Building Area Calculated: 2170
- Building Area Description: tax
- Building Area Total: 4289
- Built in 2008
- Lower Level Area Total: 1085
- Main Level Area Total: 1085
- Stories: 4
- Upper Level Area Total: 1085
Cooling
- Cooling Equipped
- Cooling: CentralAir
Disclosures
- Disclosures: Disclosure
Exterior Features
- Exterior Description: LapSiding
- Exterior Features: CoveredDeck,Deck,Fenced,GasHookup,Porch,Yard
Fireplaces
- Fireplace Features: Gas
- Fireplace Included
- Fireplaces Total: 1
Foundation
- Foundation Details: ConcretePerimeter
Heating
- Heating Available
- Heating: ForcedAir90,WallHeater
Interior Features
- Features: Floor4th,AccessoryDwellingUnit,CeilingFan,Granite,HardwoodFloors,SeparateLivingQuartersApartmentAuxLivingUnit,VaultedCeiling,WalltoWallCarpet,WasherDryer,WoodFloors
Listing
- Contract Status Change Date: 2024-04-07
- Cumulative Days On Market: 41
- Days On Market: 41
- Last Transaction Date: 2024-04-11 13:15:49
- List Price: $780,000
- Listing Contract Date: 2024-02-26
- Listing Id: 24434437
- Mls Status: Pending
- Modification Timestamp: 2024-04-11 13:15:49
- Off Market Date: 2024-04-07
- On Market Date: 2024-02-26
- Purchase Contract Date: 2024-04-07
- Rent Amount: $4,925
- Standard Status: Pending
Location
- MLS Area Major: _143
- Subdivision Name: SUNNYSIDE / HAWTHORNE
- County Or Parish: Multnomah
Lot
- Features: Level
- Size Acres: 0.11
- Size Range: SqFt3000to4999
- Size Square Feet: 4,791
- Size: 3,000 to 4,999 SqFt
Parking
- Features: Driveway,OffStreet
Property
- Property Condition: Approximately
- Property Sub Type: SingleFamilyResidence
- Zoning: R5
Roof
- Roof: Composition
Schools
- High School: Franklin
- Middle Or Junior School: Mt Tabor
- Elementary School: Glencoe
Sewer
- Sewer: PublicSewer
Taxes
- Annual Amount: $13,482
- Legal Description
- Tax Year: 2023
Utilities
- Fuel Description: Electricity,Gas
- Hot Water Description: Gas
- Water Source: PublicWater
Windows
- Features: DoublePaneWindows,VinylFrames
This content last updated on May 2, 2024 06:51. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.