6920 NE 27th Ave Portland, OR 97211
Listing Courtesy of: RMLS / Vantage Point Brokers, LLC

  6920 NE 27th Ave Portland, OR 97211

Active (18 Days)
$955,000
4
BED
3
BATH
2,195
SQFT

Description

This stunning Mid-Century Modern home is situated on a prime corner lot, zoned for additional ADU structures, offering a unique layout and incredible potential for expansion. The property includes two usable basements, perfect for building two additional units. The yard has been professionally leveled and is ready for construction. Key Features: • Complete Renovation: The entire home has been remodeled with brand new electrical, plumbing, ceilings, floors, fixtures, and windows, ensuring a modern and worry-free living experience. • Main Floor: Boasts high vaulted ceilings with exposed beams, large windows, and an open-concept layout featuring hardwood floors, custom built-ins, and a beautifully remodeled kitchen designed for versatility and style. • Finished Basement: Serves as a luxurious master suite with a separate entrance and laundry, making it ideal as a private ADU or guest living quarters. Rental Income: • Upper Unit: Currently rented for $2,800 per month • Lower Unit: Rented for $2,200 per month With a 5.1% cap rate and a net profit of $48,000, this property represents an excellent investment opportunity. The upper backyard is a retreat in itself, complete with wood decking and two gazebos—perfect for outdoor entertaining. Furniture is negotiable per the seller. This is a must-see property with significant potential for additional income and expansion. Please refer to the private remarks for more detailed information.

MLS #:
24698662
Taxes
$4,243(2023)
Lot Size
6,098 SQFT
Type
Single-Family Home
Year Built
1954
Style
Mid-Century Modern, 2 Story
County
Multnomah County

Listed By

Kevin Riley, Vantage Point Brokers, LLC
Source
RMLS
Last checked Oct 15 2024 at 11:43 PM GMT+0000
Bathroom Details
  • Full Bathrooms: 2
  • Partial Bathroom: 1
Interior Features
  • Appliance: Pantry
  • Appliance: Microwave
  • Appliance: Island
  • Appliance: Gas Appliances
  • Appliance: Free-Standing Refrigerator
  • Appliance: Disposal
  • Appliance: Dishwasher
  • Windows: Vinyl Frames
  • Windows: Double Pane Windows
  • Washer/Dryer
  • Vinyl Floor
  • Laundry
  • Laminate Flooring
  • Hardwood Floors
Kitchen
  • Vaulted Ceiling(s)
  • Island
Lot Information
  • Level
  • Corner Lot
Property Features
  • Fireplace: Wood Burning
  • Foundation: Concrete Perimeter
Heating and Cooling
  • Wood Stove
  • Forced Air - 95+%
  • Central Air
Basement Information
  • Finished
Exterior Features
  • Wood Siding
  • Roof: Membrane
  • Roof: Flat
Utility Information
  • Sewer: Public Sewer
  • Fuel: Gas, Electricity
School Information
  • Elementary School: Faubion
  • Middle School: Faubion
  • High School: Jefferson
Parking
  • Rv Access/Parking
  • Off Street
Stories
  • 2
Living Area
  • 2,195 sqft
Location
   
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