1728 SE Belmont
Investment Opportunity! This original Portland homestead is a legal triplex on a huge lot located on SE Belmont in the heart of SE Portland near bars, restaurants and shops. Built in 1870 it has all the charm you would expect from a Queen Anne Victorian of that time. High ceilings, great details - originally built as single family home and converted years later.
The house contains a unit on each floor. A 1052 square foot two bedroom one bath apartment on upper level with deck, high ceilings, and great natural light. (Rents for $1575) Charming one bedroom1052 square foot apartment on main floor with huge rooms, built-ins, and access to backyard (Rents for $1680) and a 700 square foot one bedroom basement apartment that is open, clean and bright. (Rents for $925) Great location with your own park-like yard!
Extra tax lot included with price - no driveway access, but buyer to do due diligence with regard to building. Total lot size .18 acres. Restore this great building back to it's original splendor or keep tenants and have great investment. Coin-op laundry shared for all units. Recent upgrades include new roof and gutters, and remodeled main floor unit.