- ADDRESS:
- 653 SW SHERMAN ST Portland, OR 97201
- VIDEOS:
- Virtual Tour Print this Listing
- Price:
- $492,000
- Beds:
- 5
- Baths:
- 2.0
- Ft²:
- 2509
- Acres:
- 0.04
- MLS#:
- 591548893
- Lot Size:
- 0K to 2,999 SqFt
- Type:
- Detachd
- County:
- Multnomah
- Style:
- 3 Stories
- Yr Built:
- 1880
- Status:
- Active
- Levels:
- 3
- Nhood/Bldg:
- SOUTH PORTLAND
- Heat:
- Forced Air - 95+%
- Roof:
- Composition
- View:
- City, Territorial
- Elem:
- Ainsworth
- Middle:
- West Sylvan
- High:
- Lincoln
- Lot Desc:
- Level
- Area:
- Portland NW/ SW/ S, Raleigh Hills
- Exterior:
- Porch, Yard
- Courtesy of:
- Think Real Estate
- Remarks:
- Location, location, location - investors and house hackers take note! This turnkey 5-bedroom Victorian in a high demand area has a documented rental history consistently generating over 3k per month. Excellent proximity to both PSU and OHSU campuses entices a large pool of renters and increases rental value - not to mention presenting opportunities for mid-term rentals. Large common areas like the spacious living room and updated kitchen with quartz countertops and newer stainless steel appliances make this charming Victorian a perfect fit for group living. Other perks include two updated bathrooms on the main and an in-unit laundry room, plus an extremely low-maintenance yard and an impressive history of maintenance, repairs and updates including but not limited to: a new sewer line in 2023, new furnace 2023, much of siding replaced with hardiplank, partial roof replacement 2020, upgraded electrical service, newer flooring and more. All just a short walk from PSU, OHSU and attractive local amenities like the PSU farmer’s market and the Duniway Park track, with inspiring city views, a Mt Hood view from the primary, excellent public transit (Transit Score 87) and a desirable school district. Come tour your next great investment! [Home Energy Score = 4. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10010174]