3% owner contract terms with down payment! This Main Street duplex is a prime investment opportunity with significant potential. Currently comprising two units, there's an empty basement that can be converted into a third, adding to your rental income in addition to the spacious backyard offering room to add another unit or an ADU, further maximizing your investment. Each unit is generously sized, with one featuring a charming fireplace. Located on Main Street, the property is situated close to various attractions, making it a valuable addition to your investment portfolio. One unit is occupied - other unit and basement is vacant. Seller is willing to do owner contract: $510, 000 wrap current 3%. $350, 000 cash down payment minimum. Remainder at 3% interest 5 year balloon.
Features
7 bedrooms
4 bathrooms
3746 sq. ft. floor area
cottageMulti-Family
Property history for 1415 SE Main St
2016
Sold
$725,000
03 Oct 2016
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Local market activity for 7 bedroom multi families in Portland
Sold
For Sale
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