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Jared Hambrook

jaredh@legacyre.com +1(503) 930-2124

Listed by Keller Williams Realty Portland Elite • 503-744-0000

$ 257,000

Est. payment -/mo

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Price Dropped by $13K

12600 SE FREEMAN WAY #44 Milwaukie, OR 97222

3 Beds

2 Baths

1,103 SqFt

UPDATED:

10/21/2024 08:15 AM

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

Rooms

Basement None

Interior

Interior Features Ceiling Fan, Garage Door Opener, Laundry, Wallto Wall Carpet

Heating Baseboard

Fireplaces Number 1

Fireplaces Type Wood Burning

Appliance Dishwasher, Disposal, Free Standing Range, Free Standing Refrigerator, Plumbed For Ice Maker, Solid Surface Countertop

Exterior

Exterior Feature Covered Deck, In Ground Pool, Yard

Garage Detached

Garage Spaces 1.0

Roof Type Composition

Parking Type Off Street

Garage Yes

Building

Lot Description Commons, Trees

Story 1

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public Water

Level or Stories 1

Schools

Elementary Schools Milwaukie

Middle Schools Rowe

High Schools Milwaukie

Others

Senior Community No

Acceptable Financing Cash, Conventional, VALoan

Listing Terms Cash, Conventional, VALoan

Regional Multiple Listing Service (RMLS)

Jared Hambrook

Principal Broker | License ID: 201211534

+1(503) 930-2124

Jared Hambrook

12600 SE FREEMAN WAY #44 Milwaukie, OR 97222

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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12600 SE FREEMAN WAY #44