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653 SW Sherman St, Portland, OR 97201

$449,900
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Property Description

Location, location, location - first time buyers, 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! First time buyers will appreciate the value and close-in location! Other perks include two updated bathrooms on the main and a patio perfect for outdoor hangs and barbecues. 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]

653 SW Sherman St | MLS# 591548893

This single family home located at 653 SW Sherman St, Portland, OR 97201 is currently listed for sale with an asking price of $449,900. This property was built in 1880 and has 5 bedrooms and 2 full baths with 2509 sq. ft. SW Sherman St is located in the SOUTH PORTLAND subdivision. Search SOUTH PORTLAND real estate on www.bendpremierrealestate.com today.

Property Features

Property Type: Residential - Single Family
Basement: Yes
Basement: Exterior Entry, Partial Basement, Partially Finished
Fuel Type: Gas
Heating: Forced Air95Plus
Home Style: Victorian
Lot Size: 0.04 Acres
Roof Type: Composition
Stories: 3.0
Taxes: $7,650
Year Built: 1880
Square Feet: 2,509

Feature Descriptions

Bathroom: 1.0 (Main), 1.0 (Upper)
Days on Site: 38
Exterior: Asbestos, Cement Siding, Shake Siding
Exterior: Porch, Yard
Green Certification: Yes
Hot Water: Gas
Interior: Laundry, LuxuryVinylPlank, Quartz, Skylight, Tile Floor, Wall to Wall Carpet, Washer-Dryer, Wood Floors
Kitchen: Dishwasher, Free-Standing Gas Range, Free-Standing Refrigerator, Quartz, Range Hood, SolidSurfaceCountertop, Stainless Steel Appliance(s)
Lot: Level
Parking Notes: OnStreet
Sewer: Public Sewer
Special View Info: City, Territorial
Square Footage: 828 (Lower), 1073 (Main), 608 (Upper)
Water: Public Water

Room Sizes

4th Bedroom: 8 X 14 Level - Main
5th Bedroom: 9 X 9 Level - Lower
Bonus Room: 8 X 15 Level - Lower
2nd Bedroom: 9 X 10 Level - Upper
3rd Bedroom: 8 X 10 Level - Upper
Dining Room: 11 X 11 Level - Main
Kitchen: 11 X 11 Level - Main
Living Room: 11 X 21 Level - Main
Primary Bedroom: 8 X 18 Level - Upper

Local Schools

High School: Lincoln
Middle School: West Sylvan
Elementary School: Ainsworth

Listed By / Shown By

Listed By

Agency Name: Think Real Estate
Agency Phone: 503-847-2722

Shown By

Agency Title: Bend Premier Real Estate
Agency Phone: 541-323-2779

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Estimated Payment

$ 3,043.66 per month $2,274.94 Principal & Interest $637.50 Property Tax $131.22 Homeowner's Insurance

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