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Listed by Keller Williams Realty Professionals

$997,800

Est. payment - /mo

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3.55 Acres Lot

New

20220 E PETER PL Sandy, OR 97055

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Tommy Jedrzejczyk

tommy@portlandsrealestateteam.com +1(503) 506-4646

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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

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Tommy Jedrzejczyk

Principle Real Estate Broker | License ID: 200705280

+1(503) 506-4646

20220 E PETER PL Sandy, OR 97055

Tommy Jedrzejczyk

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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20220 E PETER PL