12600 SE FREEMAN WAY #44 Active Save Request In-Person Tour Request Virtual Tour
Milwaukie,OR 97222
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 1,103 sqft
Price per Sqft $233
Subdivision Northridge Condos - Building 5
MLS Listing ID 24410791
Style Traditional
Bedrooms 3
Full Baths 2
Condo Fees $501
HOA Fees $501/mo
Year Built 1980
Annual Tax Amount $3,138
Tax Year 2023
Property Description
This 3-bedroom, 2-bathroom condo presents an exceptional investment opportunity, especially for those seeking long-term value. With no rental cap, this property is ideal for investors looking to maximize returns through rental income. At a price well below the average cost per square foot compared to other complexes, this condo offers equity potential. The unit is move-in ready, featuring a spacious layout that appeals to a variety of tenants, including remote workers and families. Located in a desirable Milwaukie neighborhood, it offers close proximity to schools, major highways, public transportation, hospitals, shopping, and dining?making it a prime location for renters seeking convenience. The community amenities, including a refreshing pool, park-like common areas, and a community garden, add to the property?s appeal, providing tenants with plenty of recreational opportunities. A resident-maintained flower garden adds charm to the exterior, while the included garage offers convenient parking. Inside, the condo features large windows that provide a view of the trees, an floor plan perfect for entertaining, and in-unit laundry for added convenience?all features that attract quality long term tenants. With its blend of functionality, location, and investment-friendly policies, this condo is a high-potential asset for any portfolio.
Location
State OR
County Clackamas
Area _145
Interior
Heating Baseboard
Fireplaces Number 1
Fireplaces Type Wood Burning
Exterior
Exterior Feature Covered Deck, In Ground Pool, Yard
Garage Detached
Garage Spaces 1.0
Roof Type Composition
Building
Lot Description Commons, Trees
Story 1
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public Water
Schools
Elementary Schools Milwaukie
Middle Schools Rowe
High Schools Milwaukie
Others
Acceptable Financing Cash,Conventional,VALoan
Listing Terms Cash,Conventional,VALoan