Grant Park Investment Property

Recent transplants from Brooklyn, Sha and Matt are loving their new neighborhood of Grant Park. So much so that 6 months in they started looking for another property. With their eyes on several neighborhoods through out Portland, they landed on this solid Cape Cod just across from Grant High School. Conveniently in’t also a few blocks from their house.

With 4 bedrooms, 2 baths and an unfinished basement, there is plenty of room here. The hardwood floors were recently finished, along with interior paint. It has bonus improvements like newer, fully owned solar panels on the roof of the garage, and seismic earthquakes straps. As an investment property, it is solid enough to be rented out as is right around $3,000/month, but also has room to make improvement over the years…cut to the kitchen and bath. 🙂  And at a pricepoint under $700k, there will be some upside if they make smart improvements over the years.

$690,000 4 bd | 2 / 0 ba | 2604 sqft
2404 NE 36TH AVE Portland, OR 97212
Grant Park

The Cutest Cape Cod

So cute they moved it! Purportedly moved to its current site in 1950, this circa 1930-40’s cape cod was previously in the path of the local Fred Meyer grocery and was obviously kept for its cuteness. This home just oozes period details — from the coved ceiling with picture rail, the ogee archway to the kitchen; the clapboard exterior siding with scalloped trim; to the speak-easy peephole in the decorative door. Gently updated with a few modern perks such as an open plan living room; modern plan kitchen; the master bedroom on main with en-suite bath and walk-in closet; a main level laundry area; and a second bedroom on the main floor. There’s a spacious upstairs area with a 13×19 bedroom and a 13×22 bonus room/office/den. The yard is fenced with an over-sized 1 car garage, RV pad, and a large rolling lawn – a clean slate for your landscaping dreams.
Conveniently located to shopping, restaurants, drive-in theater and really great take out! Nearby freeway and highway access – 217, I-5, and 99W, making travel a breeze.

See the Matterport Virtual Tour.

3 beds + bonus, 2 baths, 1890 sq ft.

Listed at: $465,000

7655 SW Spruce St.
Tigard OR
MLS# 20101894