A truly unique yellow brick 3-unit building in red-hot Auburn Gresham. Less than a block to both Foster Park and Cook Elementary. Owner lives on first floor 4BR/1.5BA unit. 20+ year tenant is on a MTM and lives in the 1BR/1BA unit. Vacant studio unit. Full basement is bone dry. Fenced back yard with 2 car garage and side parking apron. Roof ,back porch/balcony, HWH approx 6 years old. Property is priced according to condition. Live in 4BR unit and rent out the other two, or rent all 3 out and anticipate $32,00+ in yearly rents. At current list price, add $50K in remodeling updates and enjoy a SPECTACULAR 9% +ROI cash on cash. Updated 3-unit buildings have recently sold in the mid $300's. No offers sight unseen. No "And/Or Assigns" offers to be considered by Owner
Based on information submitted to the MLS GRID as of 10/12/2024 11:02 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.
