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$879,950

5 Beds 4 Baths 0 SQFT 0.00 Acres
Type: Multi-Family

2458 SE CORA ST
Portland, OR 97202

MLS#: 391983159
Mark Borgeson
Mark Borgeson
Premiere Property Group
Principal Broker
Phone: 503.539.5435
Office: 971.271.8932
Presented by: Windermere Realty Trust - moreland@windermere.com

Property Description

 

5.25 OR LOWER FIXED INTEREST RATE WITH BUILDER-PAID BUYDWN (subject to market and eligibility). LAST HOME AVAILABLE! Fantastic Live/Rent option or rent both units! This exquisite brand new home with warranties features 3 bedrooms and 2 1/2 baths in the primary home, plus an additional 2 bedrooms, full bath, and full kitchen in a lower-level ADU with a separate entrance. Quality construction, sensible design, and stunning finishes set this home above the rest! This home is flooded with natural light and showcases high-end finishes and modern amenities throughout. Enjoy an entertainer’s kitchen with elegant quartz countertops. The spacious primary bedroom boasts a walk-in closet and a stylish en-suite bath. Consider the possibilities of the ADU… nearly identical ADU's nearby rent for $1800 and $2000/month. Renting the ADU for $1,800 per month could reduce the monthly cash-outflow for your mortgage to less than $2,000, excluding insurance and property taxes (e.g. Estimate based on 20 percnt down and obtaining a net mortgage rate of 5.25 with the Sellers .75 point offer). Owner will also be able to deduct depreciation, maintenance, taxes and insurance costs associated with the ADU (e.g. Please see your Accountant or Tax Expert for specific information). Or you could utilize the space for multigenerational living or as a work-from-home option. Explore the neighborhood and try some of the many outstanding dining and shopping options at your fingertips. Energy efficient? Yes! Home Energy Score is a perfect 10!


 

Interior Features

Bedrooms

Unit 1 Beds Total3
Unit 2 Beds Total2

Bathrooms

Unit 1 Baths Total3
Unit 2 Baths Total1

Other Interior Features

UnitType1ActualRent0
UnitType1FeaturesAirConditioning, Dishwasher, Fireplace, WasherDryerHookup
UnitType1UnitsTotal1
UnitType2ActualRent0
UnitType2FeaturesAirConditioning, Dishwasher, Disposal, WasherDryerHookup
UnitType2UnitsTotal1
FuelDescriptionElectricity
BasementFinished, FullBasement, SeparateLivingQuartersApartmentAuxLivingUnit
Hot WaterElectricity, Tank
Unit TypeUnitTypeType1, UnitTypeType2

General

Accessory Dwelling Unit Y/NN
AttributionContactmoreland@windermere.com
CityPortland
CoolingCentralAir
CountyMultnomah
DirectionsFrom SE Milwaukie Blvd, turn East on Holgate, left on 25th, houses are on the left corner at Cora St
Elementary SchoolGrout
Garage Spaces0
Gross Income0
HOANo
HeatingForcedAir, HeatPump
High SchoolCleveland
Legal DescriptionSPANTONS ADD, BLOCK 3, LOT 1&2 TL 2300
Listing TermsCash, Conventional, FHA, VALoan
MLS Area_143
Middle/Junior High SchoolHosford
Net Operating Income0
Number Of Units Total2
Operating Expense0
Parcel Number0
Property ConditionNewConstruction
Property TypeMultiFamily
Rent IncludesGas, Water
RoofComposition
SewerPublicSewer
Standard StatusActive
StatusActive
Stories Count3
Subdivision NameBROOKLYN
Tax Annual Amount$0
Tax Year2024
Year Built2025
ZoningR2.5

Exterior

Exterior DescriptionCementSiding, LapSiding
Foundation DetailsSlab
Lot FeaturesLevel
Parking FeaturesOnStreet
Road Surface TypePaved
Total Parking0
Water SourcePublicWater

Additional Details

Price History

Schools 

High School Cleveland High School
Elementary School Grout Elementary School
Middle School Hosford Middle School

  

Similar Properties

$879,950

5 Beds 4 Baths 0 SQFT 0.00 Acres
Type: Multi-Family

2458 SE CORA ST
Portland, OR 97202

MLS#: 391983159
Mark Borgeson
Mark Borgeson
Premiere Property Group
Principal Broker
Phone: 503.539.5435
Office: 971.271.8932