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

Exploring the Disparities: Why Portland’s Property Taxes Differ Across Neighborhoods

Constance Rigney

If you’re a homeowner in Portland, Oregon, or prospective buyer, you’ve probably noticed that property taxes...

Just Listed! Prime Location!

David Columbus

1223 NE 78th Ave Portland, Oregon, 97213 Just minutes from the vibrant Montavilla neighborhood core, this...

How To Negotiate Effectively, Efficiently – and Fairly

Andy Meeks

Negotiations are a delicate dance, and it’s not about simply ‘splitting the difference’. In fact, I advocate...

Home Warranties Explained: Pros, Cons, and Everything You Need to Know

Will Sing

When buying a home, one of the considerations you might encounter is whether to invest in...