Portland
$849,000
850 Washington Avenue
mls: 1665928
Bathrooms: 2
Year Built: 1864
Sq Footage: 2,184
Lot Size: 0.53
Taxes: $8,223
Status: Active

Opportunity, flexibility, and location come together at 850 Washington Avenue, a beautifully renovated two-unit property in one of Portland's most exciting growth corridors.

Listed by: Keller Williams Realty

Opportunity, flexibility, and location come together at 850 Washington Avenue, a beautifully renovated two-unit property in one of Portland's most exciting growth corridors. Situated on over half an acre, this turnkey investment features two spacious 2-bedroom units, a detached 2-car garage, abundant off-street parking, and an expansive backyard, an increasingly rare find within the city. Both units have been thoughtfully updated with timeless finishes including white cabinetry, granite countertops, updated appliances, stylish bathrooms, and in-unit laundry. Separate gas and electric meters, along with newer boilers, make ownership and management simple and efficient. Whether you're an investor seeking a strong addition to your portfolio, an owner-occupant looking to offset your mortgage with rental income, or a parent searching for housing near Portland's rapidly growing educational and innovation district, this property offers exceptional versatility. Located just minutes from Downtown Portland, Back Cove, Payson Park, Tipo, Monte's Fine Foods, and countless local amenities, the property also benefits from its proximity to the Roux Institute and the transformative investment occurring throughout the surrounding neighborhood. As Portland continues to emerge as a hub for technology, research, education, and entrepreneurship, demand for housing in this area is expected to remain strong. Live in one unit and rent the other. Add a turnkey asset to your investment portfolio. Secure housing for a student, researcher, or professional while building equity in one of Portland's most desirable markets. With updated interiors, strong rental appeal, a large lot, garage parking, and an unbeatable location, 850 Washington Avenue presents an opportunity that is becoming increasingly difficult to find in Portland. A smart investment today--and an exciting opportunity for tomorrow! GROUP SHOWINGS TUES/THURS 1-2 PM

Listed by: Keller Williams Realty

Above Grade Finished Area
2184.00
Accessibility Features
Appliances
Architectural Style
New Englander
Basement
Bulkhead, Interior Entry, Full, Unfinished
Bathrooms Full
2
Bathrooms Total Integer
2
Below Grade Finished Area
0.00
Body Type
Building Area Total
2184.00
Construction Materials
Wood Frame, Shingle Siding, Wood Siding
Cooling
None
Electric
Circuit Breakers
Exterior Features
Flooring
Tile, Wood
Foundation Details
Block, Poured Concrete, Brick/Mortar
Garage Spaces
2.00
Garage Yes/No
1
Green Energy Efficient
Heating
Gas Natural, Hot Water, Radiator
Heating Yes/No
1
Interior Features
Laundry Features
Main Level, Upper Level
Lot Features
Near Town, Level, Open Lot, Sidewalks
Lot Size Acres
0.5300
Other Equipment
Other Structures
Parking Features
Paved, 1 - 4 Spaces, Detached
Patio And Porch Features
Deck, Porch
Pets Allowed
Property Condition
Roof
Shingle
Sewer
Public Sewer
Tax Annual Amount
8223.00
Utilities
Utilities On
Water Source
Public
Waterfront Features
Year Built
1864
Zoning
RN-3