2712 SE LAKEWOOD DR, Milwaukie, OR 97222
- $650,000
- 2,748
- SqFt
- List Price
- $650,000
- Days on Market
- 3
- MLS#
- 110879486
- Property Type
- Multifamily
- Sqft. of Residence
- 2,748
- Lot Size
- 5, 000 to 6, 999 SqFt
- Region
- Milwaukie, Gladstone, Happy Valley, Clckmas, Dmscus, Estacada
- Status
- ACTIVE
Property Description
Discover a fantastic investment opportunity with this well-maintained triplex just minutes from downtown Milwaukie. Offering a strong 6.57% CAP rate and a solid rental history, this property is ideal for investors seeking reliable cash flow or owner-occupants looking to offset their mortgage. Choose to maximize income by leasing all three units or live in one unit while renting the other two—a flexible setup that suits a variety of investment strategies. The property also features convenient off-street parking for tenants. Residents will love the unbeatable location, with easy access to the Milwaukie waterfront, pFriem Brewing, the Milwaukie Farmers Market, Fred Meyer, New Seasons Market, and a variety of local shops, restaurants, and amenities. Recent updates include two new water heaters and a newer roof, providing added value and peace of mind. Whether you're expanding your investment portfolio or looking for a smart owner-occupied property, this triplex offers an exceptional combination of location, flexibility, and income potential.
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Additional Information
- Tax Amount
- $9,264
- Stories
- 2
- High School
- Putnam
- Elementary School
- Oak Grove
- Middle School
- Alder Creek
- Living Area
- 2,748
- Stories
- 2
- Year Built
- 1995
- Cooling Description
- None
- Fuel Description
- Electricity
- Heating Description
- Wall Heater
- Hoa Rent Includes
- Sewer, Trash Collection, Water
- Hot Water Description
- Electricity
- Exterior Description
- Vinyl Siding
- Roof Type
- Composition
- Sewer Description
- Public Sewer
- Parking
- Assigned, Off Street
- Parking Description
- Assigned, Off Street
- Road Surface
- Paved
- Number Of Units Total
- 3
- Unit Type One Baths Total
- 2
- Unit Type One Beds Total
- 2
- Unit Type One Rent
- 1700
- Unit Type One Sq Ft
- 900
- Unit Type One Units Total
- 1
- Unit Type Two Baths Total
- 1
- Unit Type Two Beds Total
- 2
- Unit Type Two Units Total
- 1
- Unit Type Three Baths Total
- 1
- Unit Type Three Beds Total
- 2
- Unit Type Three Rent
- 1550
- Unit Type Three Sq Ft
- 900
- Unit Type Three Units Total
- 1
Mortgage Calculator
Listing courtesy of Cascade Hasson Sotheby's International Realty.
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