Blog Stories SOLD! Income Producing Property in Troutdale

SOLD! Income Producing Property in Troutdale

By Living Room Realty, March 29, 2019

SOLD + CLOSED!

I had the pleasure of working with a client who wanted an investment property in Oregon or SW Washington. Suzanne was referred to me by a friend. Suzanne wanted a turn key property that would produce residual income. Suzanne and I spent time touring around several different investment properties focusing to begin with on the Westside of Portland mostly only to be disappointed by condition of properties considering the prices of the investment.

After becoming discouraged by the inventory, we decided to expand our search to outer areas and found a property near 122nd and Division.  The property was listed as being built in 1996 and having three units and room to build more. After visiting the property, we realized the property had a 1920’s home and 1996 additions. This was not ok with the buyer so we continued our search.

A couple properties popped up on Gresham and Troutdale. The Gresham property sold within a matter or two days before we could get by. We visited the Troutdale property and it was in pretty decent condition in a walkable location to downtown Troutdale, which is super cute filled with great restaurants and boutiques.

Welcome to investing in Troutdale Suzanne!!

List Price: $449,000
Sale Price: $441,000
Units: 2 |  Beds: 3 per side | Baths: 2.1 per side
Sq Ft: 1,289 per side

If you are interested in Troutdale, Portland or the surrounding areas, please feel welcome to reach out to me at 503.784.2204 or visit my website at http://www.jennifer-johnston.com/.

Living Room Realty

...
Read More
  • T: 503-719-5588
  • welcome@livingroomre.com

You might also enjoy

RACHEL’S NEIGHBORHOOD GUIDE: Foster-Powell Faves

Rachel Schmerge

Want to know what makes this triangle so special? Let me show you around. Tucked between...

Just Sold: Great Cedar Hills Ranch

Yascha Noonberg

13455 SW FAR VISTA ST Beaverton, OR 97005 Welcome to 13455 SW Far Vista St in the heart...

Just Listed! Spacious, Flexible Living in the Heart of Cedar Mill

Will Sing

9898 NW Nottage Dr. Portland, Oregon, 97229 This 3,159 square foot home offers the kind of...

Just Listed! Prettiest Pink House in Sellwood

Mel Marzahl

1825 SE Clatsop St. Portland, Oregon, 97202 Mornings begin slowly here, with sunlight streaming through brand-new...