- ADDRESS:
- 2712 SE LAKEWOOD DR Milwaukie, OR 97222
- Price:
- $650,000
- Units:
- 3
- Unit 1:
-
2 Bed
1.1 Bath
$1,700/mo
Features: Dishwasher, Range, Refrigerator, Washer/Dryer - Unit 2:
-
2 Bed
1.0 Bath
$1,550/mo
Features: Dishwasher, Range, Refrigerator, Washer/Dryer - Unit 3:
-
2 Bed
1.0 Bath
$1,550/mo
Features: Dishwasher, Range, Refrigerator, Washer/Dryer - MLS#:
- 110879486
- Lot Size:
- 5,000 to 6,999 SqFt
- Type:
- Multi
- Zone:
- HDR
- Yr Built:
- 1995
- Taxe/yr:
- $9,264.13
- County:
- Clackamas
- Status:
- Active
- Levels:
- 2
- Heat:
- WallHeater
- Elem:
- Oak Grove
- Middle:
- Alder Creek
- High:
- Putnam
- Lot Desc:
- Level
- Area:
- Milwaukie, Gladstone, Happy Valley, Clckmas, Dmscus, Estacada
- Courtesy of:
- Cascade Hasson Sotheby's International Realty
- Remarks:
- 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.