653 SW SHERMAN ST, Portland, OR 97201
- $492,000
- 5
- BD
- 2
- BA
- 2,509
- SqFt
- List Price
- $492,000
- Days on Market
- 1
- Status
- ACTIVE
- MLS#
- 591548893
- Bedrooms
- 5
- Bathrooms
- 2
- Living Area
- 2,509
- Lot Size
- 0K to 2, 999 SqFt
- Region
- Portland NW/ SW/ S, Raleigh Hills
Property Description
Location, location, location - investors and house hackers take note! This turnkey 5-bedroom Victorian in a high demand area has a documented rental history consistently generating over 3k per month. Excellent proximity to both PSU and OHSU campuses entices a large pool of renters and increases rental value - not to mention presenting opportunities for mid-term rentals. Large common areas like the spacious living room and updated kitchen with quartz countertops and newer stainless steel appliances make this charming Victorian a perfect fit for group living. Other perks include two updated bathrooms on the main and an in-unit laundry room, plus an extremely low-maintenance yard and an impressive history of maintenance, repairs and updates including but not limited to: a new sewer line in 2023, new furnace 2023, much of siding replaced with hardiplank, partial roof replacement 2020, upgraded electrical service, newer flooring and more. All just a short walk from PSU, OHSU and attractive local amenities like the PSU farmer’s market and the Duniway Park track, with inspiring city views, a Mt Hood view from the primary, excellent public transit (Transit Score 87) and a desirable school district. Come tour your next great investment! [Home Energy Score = 4. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10010174]
Additional Information
- Tax Amount
- $7,244
- Year Built
- 1880
- High School
- Lincoln
- Elementary School
- Ainsworth
- Middle School
- West Sylvan
- Acres
- 0.04
- Living Area
- 2,509
- Stories
- 3
- Subdivision
- SOUTH PORTLAND
- Property Type
- Single Family Residence
- Terms
- Cash, Conventional
- Master Bedroom Level
- Upper
- Fuel Description
- Gas
- Heating Description
- Forced Air - 95+%
- Hot Water Description
- Gas
- Exterior Description
- Asbestos, Cement Siding, Shake Siding
- Roof Type
- Composition
- Sewer Description
- Public Sewer
- Style
- Victorian
- View
- City, Territorial
- Parking
- On Street
- Parking Description
- On Street
- Road Surface
- Paved
- Exterior Features
- Porch, Yard
- Interior Features
- Laundry, Luxury Vinyl Plank, Quartz, Skylight(s), Tile Floor, Wall to Wall Carpet, Washer/Dryer, Wood Floors
- Kitchen Appliances
- Dishwasher, Free-Standing Gas Range, Free-Standing Refrigerator, Quartz, Range Hood, Solid Surface Countertop, Stainless Steel Appliance(s)
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Listing courtesy of Think Real Estate.
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