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

Living Room Realty is a full-service real estate brokerage with four offices in Portland, one at the coast in Manzanita, and one in Vancouver, WA. At Living Room Realty, we listen and ask the right questions. We’re committed to being your most effective advisor and advocate. Our goal is your success.
Read More
  • T: 503-719-5588
  • welcome@livingroomre.com

You might also enjoy

Baltimoreons Turn Portlanders

Jon Lawson

From East Coast to West Coast, my clients were ready to become Portlanders! Their love of...

I love it Baby, how do we get this house?!

Yonette Fine

When Maria raised her arms in the air and let out, “ I love it Baby,...

Happy Key Day!

Kate Smith

Meet Jen and Nat! They were referred to me by past clients and had such a...

UNIQUE OASIS IN CULLY!

Drew Burchette

Cully Oasis! Everything about this house is unique! Mediterranean-style kitchen with bathroom to match. Large master...