- ADDRESS:
- 6204 NE WILLOW ST Portland, OR 97213
- Price:
- $600,000
- Units:
- 2
- Acres:
- 0.11
- Unit 1:
-
2 Bed
1.0 Bath
$2,000/mo
Features: Air Conditioning, Dishwasher, Refrigerator, Washer/Dryer - Unit 2:
-
2 Bed
1.0 Bath
$1,425/mo
Features: Air Conditioning, Dishwasher, Refrigerator, Washer/Dryer - MLS#:
- 193312957
- Lot Size:
- 5,000 to 6,999 SqFt
- Type:
- Multi
- Zone:
- RM2
- Yr Built:
- 1915
- Taxe/yr:
- $4,522.69
- County:
- Multnomah
- Status:
- Active
- Levels:
- 2
- Heat:
- Forced Air - 95+%, Heat Pump, Mini Split
- Nhood/Bldg:
- NORTH TABOR
- Elem:
- Vestal
- Middle:
- Harrison Park
- High:
- Franklin
- Lot Desc:
- Level
- Area:
- Portland Northeast
- Courtesy of:
- Summa Real Estate Group
- Remarks:
- Turnkey income opportunity on the border of North Tabor and Rose City Park. This updated property offers two separate 2-bedroom, 1-bath living spaces, each with its own kitchen, laundry and comfortable living areas, creating flexibility for an investor or house hacker. Currently leased as two long-term rental units with a proven rental history, recent 12-month figures reflect approximately $39,874 in rental income plus utility reimbursements. Keep both units as rentals or explore future owner occupancy while using income from the second unit to help offset the investment.Extensively remodeled in 2022, the property features updated kitchens and bathrooms, newer appliances, a tankless water heater, mini-split heating and cooling, gas furnace, and newer interior and exterior paint. A new roof and radon mitigation system were added in late 2022, providing valuable improvements already completed for the next owner.Mature landscaping surrounds an oversized backyard with two covered patio areas, while a detached garage, spacious driveway and RV hookups add functionality. The detached garage also offers potential for a future ADU, subject to buyer due diligence and applicable requirements. Conveniently located near parks, restaurants, shopping and I-84 with easy access throughout Portland. Financial records and rental history available for buyer review [Home Energy Score = 9. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10202853]