6825 Northeast Prescott Street
Portland, OR 97218
$649,000
Price
—
Beds
3,042 Sq. Ft.
$213 / Sq. Ft.
3,042
Sq. Ft.
$213
per Sq. Ft.
Pending
Pending
Description
Super-sweet spot in Cully, 2 distinct homes plus an oversized garage/workshop on a large lot! Always wanted your own compound? Well, here's your chance. Potential to add another dwelling unit per the City of Portland's Residental Infill Project. Primary Residence/Unit #A is a roomy 4 bedroom, 2 bath plus a fully finished basement with exterior entrance. It's updated where it counts, new electrical service, panel, water line, water heater, newer roof, furnace, and modern kitchen. The home maintains...Super-sweet spot in Cully, 2 distinct homes plus an oversized garage/workshop on a large lot! Always wanted your own compound? Well, here's your chance. Potential to add another dwelling unit per the City of Portland's Residental Infill Project. Primary Residence/Unit #A is a roomy 4 bedroom, 2 bath plus a fully finished basement with exterior entrance. It's updated where it counts, new electrical service, panel, water line, water heater, newer roof, furnace, and modern kitchen. The home maintains it's 1930's charm with original wood floors, solid wood doors, stone fireplace, and bountiful garden space. With a finished basement, existing bathroom, exterior entrance...does this scream 3rd unit??? ADU/Unit #B is a 1926 single level home that was given new life via relocation from an adjacent property. This 800 square foot, 2 bedroom, 1 bath transplant sits on a new foundation along with a new roof, water line, and electrical service. Enjoy the private yard on your new front porch or happy hour from your new side deck. Revamp the interior and you'll be ready to roll with either a sweet rental or a fresh new pad for yourself. From this stellar location, walk to all things Portland having coffee, food trucks and brews just down the street. Looking to generate extra income? A multi- generational living situation? At home business/office? Workshop? A friends as neighbors scenario? Potentially live in one house and rent out the other, rent both, add a third unit. Choose your own adventure with the upswing potential of this unique property. Buyer to do their own due diligence for development options. Residential listing #24268936 [Home Energy Score = 1. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10231783]
- Listed by Tyra Grove • Wood Land Realty • 503-522-1691
Property Details for 6825 Northeast Prescott Street
Subdivision
CULLY
Parking FeaturesDriveway, Garage
ZoningR7
Garage Spaces1.00
Parking Total1.00
LISTING UPDATED: 11/22/2024 06:42 PM
Property Details for 6825 Northeast Prescott Street
| Status | Pending |
|---|---|
| MLS # | 24334662 |
| Days on Market | 75 |
| Taxes | $4,608 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi Family |
| Year Built | 1939 |
| Lot Size | 0.16 AC / 6,969 SF |
| County | Multnomah County |
Building Information for 6825 Northeast Prescott Street
Stories3Residences2Year Built1939Building Size-Lot Size0.16 AC / 6,969 SF
Property Information for 6825 Northeast Prescott Street
Summary
Location and General Information
- Country: US
- Directions: NE Prescott, between NE 68th & NE 69th
- Energy Efficiency Features: Forced Air95Plus
- Road Surface: Paved
School Information
- Elementary School: Scott
- High School: Leodis Mc Daniel
- Middle Or Junior School: Roseway Heights
Taxes and HOA
- Tax Year: 2024
- Tax Annual Amount: $4,607.79
- Parcel Number: R542126
- Tax Legal Description: PADDOCK AC, BLOCK 4, LOT 9 TL 6201
Property
Lot Information
- Acres: 0.16
- Lot Description: Level
- Lot Size Square Feet: 6969.0
- Lot Size Dimension: 100 x 92
- Lot Size Range: Sq Ft7000to9999
- Lot Size: 7,000 to 9,999 Sq Ft
Property and Assessments
- Property Type: Multi Family
- Water Description: Public Water
- Property Condition: Existing
- Year Built: 1939
Utilities
- Fuel Description: Electricity, Gas
- Heating Description: Forced Air95Plus, Heat Pump
- Hot Water Description: Electricity, Gas
- Sewer Description: Public Sewer
- Rent Includes: Trash Collection
Interior and Exterior Features
Exterior Features
- Exterior Description: Cement Siding, Metal Siding, Wood Siding
- Roof Type: Composition
Interior Features
- Basement: Finished, Full Basement
- Foundation Details: Concrete Perimeter
- Stories: 3
Multi Family
Multi-Family Information
- Number Of Units Total: 2
- Gross Income Actual: $40,500.00
- Gross Income Projected: $54,000.00
- Gross Rent Multiplier: $16.02
- Net Income Actual: $28,000.00
- Net Income Projected: 39700
- Operating Expenses Projected: $14,500.00
- Operating Expense: $12,500.00
- Storage: Basement, Garage
- Unit Type Type: Unit Type Type1, Unit Type Type2
- SqFt Approximate Building Total: 3042
Unit 1 Information
- Unit Type 1 Baths Total: 2
- Unit Type 1 Baths Decimal: 2.00
- Unit Type 1 Beds Total: 4
- Unit Type 1 Features: Dishwasher, Refrigerator, Washer Dryer, Wood Floors
- Unit Type 1 Rent: $2,275
- Unit Type 1 SqFt: 2240.0
- Unit Type 1 Units Total: 1
Unit 2 Information
- Unit Type 2 Baths Total: 1
- Unit Type 2 Baths Decimal: 1.00
- Unit Type 2 Beds Total: 2
- Unit Type 2 Features: Deck, Range, Refrigerator, Washer Dryer Hookup
- Unit Type 2 Rent: $1,100
- Unit Type 2 SqFt: 802.0
- Unit Type 2 Units Total: 1
Public Records for 6825 Northeast Prescott Street
Taxable ValueLand-Additions-Total-
Tax Record2022$4,335 ($361 / month)
Home Facts
Beds0Baths1Total Finished SqFt2,180 SqFtAbove Grade Finished SqFt2,180 SqFtUnfinished Basement SqFt870 SqFtStories1Lot Size6,941 SqFtStyleSingle Family ResidenceYear Built1939ZoningR7HCountyMULTNOMAHAPN1N2E20BD 06201Fireplace TypeHas Fireplace
Schools near 6825 Northeast Prescott Street
This home is within Portland School District 1j.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Scott Elementary School PublicK to 5 | ||
Roseway Heights School Public6 to 8 | ||
Leodis V. McDaniel High School Public9 to 12 | ||
Alliance High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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