Bought with Mal & Seitz
For more information regarding the value of a property, please contact us for a free consultation.
711 SE 5TH ST Gresham, OR 97080
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $275,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,651 sqft
Price per Sqft $166
Subdivision Downtown Gresham
MLS Listing ID 23046601
Sold Date 01/03/24
Year Built 1949
Annual Tax Amount $3,393
Property Description
*RARE* Investment opportunity: 2 LOTS- ONE W/House already! ONLY BUILDABLE Lot available in downtown Gresham. Fixer/Development Opportunity! Property has been completely gutted and ready for remodel or complete demolition and development (interior pics are from previous listing before gutted). House: - 1,651 sq ft (including upstairs converted attics) - 1,366 Living Sq - 538 garage sq ft. Approved for ADU -2 tax lots- with lot line adjustment. CORNER LOT ALLOWS FOR DUPLEX, which would generate approx $2,100/mo each. The tax record is incorrect, according to survey, it is a 10,000 sf lot. Zoning LDR5. Heart of downtown Gresham. SURVEY COMPLETED. .20 Acres (8,712 sq ft). New schools built across the street. Many options available!
Location
State OR
County Multnomah
Area _144
Zoning LDR-5
Rooms
Basement Crawl Space, Dirt Floor, Exterior Entry
Interior
Heating Baseboard
Cooling Window Unit
Exterior
Garage Spaces 1.0
View Y/N true
View City, Park Greenbelt
Roof Type Composition
Garage No
Building
Lot Description Corner Lot, Level, On Busline
Story 2
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Elementary Schools East Gresham
Middle Schools Dexter Mccarty
High Schools Gresham
Others
Acceptable Financing Cash, Conventional, Other, OwnerWillCarry, Rehab
Listing Terms Cash, Conventional, Other, OwnerWillCarry, Rehab
Read Less
