17014 SE WILEY WAY Milwaukie, OR 97267
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Price:
$1,550,000
Units:
2
Unit 1:
3 Bed 2.0 Bath $4,500/mo
Features: Air Conditioning, Fireplace, Washer/Dryer, Wood Floors
Unit 2:
1.0 Bath $3,300/mo
Features: Air Conditioning, Dishwasher, Microwave, Refrigerator
MLS#:
230825340
Lot Size:
10,000 to 14,999 SqFt
Type:
Multi
Zone:
r10
Yr Built:
1965
Taxe/yr:
$5,317.48
County:
Clackamas
Status:
Active
Levels:
1
Heat:
Forced Air
Elem:
Riverside
Middle:
Alder Creek
High:
Putnam
Lot Desc:
Corner Lot, Level, Private
Area:
Milwaukie, Gladstone, Happy Valley, Clckmas, Dmscus, Estacada
Courtesy of:
KOR Realty
Remarks:
Beautifully updated home with a fully permitted ADU and deeded PRIVATE ACCESS to the Willamette River. Thoughtfully reimagined to provide two separate living spaces, this versatile property offers exceptional flexibility for owner-occupants, multi-generational living, guests, or those seeking supplemental rental income. Seller has established rental income of approximately $7,800 per month (season dependant) and can provide additional rental information upon request.Extensive improvements include a new roof, remodeled kitchen with stainless steel appliances, designer finishes, refinished hardwood floors, updated lighting, custom window coverings, remodeled bathrooms, and a stylish fireplace with insert. The converted garage serves as a fully permitted ADU with a full bath and separate systems.Major system upgrades include updated plumbing, electrical panel, HVAC with A/C, and water heater.. Outside, enjoy stamped concrete, a covered patio, pergola, landscaped yard, RV parking, workshop shed, and hot tub hookup.Potential investment and development opportunities may exist, including possible multi-unit use, subject to buyer verification. A rare combination of modern updates, flexible living, proven income potential, and private river access. Buyer to perform all due diligence regarding zoning, permitted uses, development opportunities, short-term and long-term rental regulations, and any financial projections or income potential.
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