20220 E PETER PL new Save Request In-Person Tour Request Virtual Tour
Sandy,OR 97055
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Mt Hood Corridor
MLS Listing ID 492936225
Year Built 1955
Annual Tax Amount $6,911
Tax Year 2024
Lot Size 3.550 Acres
Property Description
*Open House Sat. 5/31 from 10am-Noon* First time on the market in nearly 50 years! Unique opportunity with THREE detached homes on one 3.55 acre lot. Each home is perfectly positioned on the property with ample yard space, private decks, garages, an individual septic system and a shared well. Let your imagination run wild! Could this be your compound with family or friends? Multigenerational living? An investment property? Or mix it up and live in one, long term rent one and short term rent one for a diverse investment property. These homes have been lovingly updated and maintained with care. Unit 1 (20200 E Peter Place) - 2 bed/1 bath, 773 SqFt, 1 car garage, completely rebuilt in 2021 Unit 2 (20210 E Peter Place) - 3 bed/2 bath, 885 SqFt, 1 car garage, remodeled in 2021. Unit 3 (20220 E Peter Place) - 2 bed/1 bath, 785 SqFt, 1 car garage + carport, remodeled in 2021 (currently vacant and the only unit available for showings at this time.) All three homes have updated kitchens, stainless steel appliances, LVP flooring, washer/dryer in unit, wood fireplace or woodstove and newer decks. This property is conveniently located off HWY 26 - 20 minutes to skiing, 15 minutes to Sandy and 1 hour to Portland or PDX. Just 5 minutes down the road are the Mt. Hood Villages with restaurants, groceries, cafes, shopping and services. Tucked along the foothills of Mt. Hood your outdoor adventure awaits with hiking, Mt. biking, snow sports plus gorgeous rivers and lakes at your fingertips. These homes have been successful long term rentals for decades. Current Rental Financials include: Gross Rental Income $83,520 and Estimated Operating Expenses $22,000 = Estimated Net Income $61,520. Ask your agent for a full financial packet with details. Additional Info: Photos are primarily of 20220 (Unit 3.) Short term rentals are currently allowed per Clackamas County regulations - buyer to do due diligence. Est. SqFt for Units 1 & 2. Please no drive bys, do not disturb tenants.
Location
State OR
County Clackamas
Area _144
Zoning RRFF5
Rooms
Basement Crawl Space
Interior
Heating Wall Heater, Wood Stove, Zoned
Exterior
View Seasonal, Trees Woods
Roof Type Composition
Garage No
Building
Lot Description Level, Seasonal, Trees, Wooded
Story 1
Foundation Concrete Perimeter
Sewer Standard Septic
Water Shared Well
Level or Stories 1
Schools
Elementary Schools Welches
Middle Schools Welches
High Schools Sandy
Others
Acceptable Financing CallListingAgent,Cash,Other
Listing Terms CallListingAgent,Cash,Other
Virtual Tour https://my.matterport.com/show/?m=meQzSp18dm3&brand=0&mls=1&