3738 SE 101st Ave | Portland OR
Listing Price: $424,950 MLS#: 17337883
A unique opportunity with so many possibilities!
.39 ACRE SITE
1st TIME ON MARKET
100% FLAT USABLE GROUNDS
SUB-DIVIDABLE SITE ZONED R5
ADJACENT TO BEAUTIFUL PARK
2573 SqFt – ONE LEVEL HOME
2000 SqFt – GARAGE/SHOP &
1282 SqFt – RENTAL APARTMENT
PATIO OR TANDEM CARPORT
These 2 excellent buildings are located adjacent to Greenway and 12.75 Acre Ed Benedict Park. Just a short block from I-205 freeway access and only 5 miles to Portland International Airport. Accessed through gated entrance, the one-level home features hardwood entry foyer, formal living & dining, gigantic family room, gourmet size island kitchen with breakfast bar and huge walk-in pantry. There’s even a morning nook; You’ll enjoy sharing many holiday meals & entertaining here!
The 3 bedrooms include a huge master suite of over 600 SF with nice sitting retreat and 5 piece master bathroom that offers step-in shower, separate soaker tub, his & hers full wall closet plus a walk-in wardrobe storage. The 2nd & 3rd bedrooms feature convenient full bath between.
The detached garage will accommodate the largest of RV’s and many vehicles. There’s also a half bath and office
for hobbies or storage.
On the top floor of this commercial multi-use framed building, there’s a wonderful lock & go additional dwelling unit that potentially bring rental income of $1500+ per month; boasts open great room floor plan, high ceilings and nice view to westerly sunset sky (photo in gallery).
Gated & paved drive/parking makes site convenient & easy maintenance. The zoning says you could sub-divide so bring your ideas* for income producing and investment plans! Understandably, this site has never been offered to the public before.
UTILITIES: PGE Power, City of Portland Water, phone and cable TV are available PLUS Xfinity wifi are pre-paid up through late 2017 with your acceptable offer. Natural Gas is available in the street fronting the property. Wastewater disposal is provided through City of Portland and there is a handy sewer dump potential on the site for the RV.
ZONING: The site is zoned R5 which potentially allows for a 3 lot subdivision (*Buyer to Verify)