Unique investment opportunity in the prestigious heart of Lake Oswego's First Addition! This is a duplex. Surrounded by luxury single-family residences, this well maintained 3,003 sq ft duplex generates $5,500/month gross revenue alongside unmatched long-term appreciation in one of Oregon's most coveted zip codes.Unit 1 (3 Bed 1.1… Read More Bath 1777 sqft) rents $3,100/month. Highlights include a spacious floor plan, cozy wood-burning fireplace, updated countertops, full dishwasher, in-unit washer/dryer, an attached garage, and private fenced yard. Unit 2 (2 Bed 1 Bath 1,226 Sq Ft) rents $2,400/month. Features a bright, well-scaled layout, wood-burning fireplace, updated countertops, dishwasher, dedicated in-unit washer/dryer, covered carport parking, and a private fenced yard. An unbeatable lifestyle location: minutes to boutique shopping, artisan dining, fitness studios, neighborhood parks, grocery and Oswego Lake. Perfect for the savvy owner occupant looking to live in one unit while subsidizing their mortgage, or the portfolio investor securing a low-vacancy asset in an irreplaceable location. Both units fully leased with a history of low turnover and established income. R-6 zoning includes single-family homes, duplexes, triplexes, townhomes, and cottage clusters *subject to specific lot-coverage, Floor Area Ratio (FAR), and design guidelines *buyer to do due diligence. Interior photos and floorplan are just of unit 653. PLEASE DO NOT DISTURB TENANTS Read Less
Listing courtesy of Harnish Company Realtors.
Listing Snapshot
Days Online
0
Last Updated
Property Type
SingleFamilyResidence
Beds
5
Full Baths
2
Partial Baths
2
Square Ft.
3,003
Year Built
1978
MLS Number
159415059
30 Days Snapshot Of 97034
$1.81M
+16%
(avg) sold price
19
-42%
homes sold
58
+23%
(avg) days on market
Snapshot
Area Map
Additional Details
Property
Zoning: R6, Property Condition: Resale, Property Sub Type: SingleFamilyResidence
Property Access
Road Surface Type: Paved
Appliances & Equipment
Appliances: Dishwasher, FreeStandingRange, FreeStandingRefrigerator, Island
Basement
Basement: CrawlSpace
Building
Architectural Style: Traditional, Building Area Calculated: 3003, Building Area Description: RMLS, Building Area Total: 3003, Built in 1978, Main Level Area Total: 1502, Stories: 2, Upper Level Area Total: 1501
All information provided is deemed reliable but is not guaranteed and should be independently verified.
This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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