Description
Rare multifamily opportunity in Hines featuring 3 recognized addresses (129, 131, & 131½ S Milwaukie Ave) with separate entrances & utility meters, for significant value-add potential. The property currently includes 2 livable units plus a 3rd unfinished unit with electrical service & plumbing in place. The unfinished unit offers an excellent opportunity for additional rental income, multigenerational living, guest quarters, or expanded living space upon completion. Situated on a large city lot, the property offers over 2,400 square feet of existing living space & flexible configuration options rarely found in today's market. While updates & improvements remain, much of the groundwork has been started, creating an opportunity for investors, contractors, or owner-occupants to build equity through completion & modernization. Whether you're looking for rental income, a value-add investment, or flexible living arrangements, this property offers possibilities that are difficult to find
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4BEDS
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0.36ACRES
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2BATHS
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01/2 BATHS
School Information
Description
Rare multifamily opportunity in Hines featuring 3 recognized addresses (129, 131, & 131½ S Milwaukie Ave) with separate entrances & utility meters, for significant value-add potential. The property currently includes 2 livable units plus a 3rd unfinished unit with electrical service & plumbing in place. The unfinished unit offers an excellent opportunity for additional rental income, multigenerational living, guest quarters, or expanded living space upon completion. Situated on a large city lot, the property offers over 2,400 square feet of existing living space & flexible configuration options rarely found in today's market. While updates & improvements remain, much of the groundwork has been started, creating an opportunity for investors, contractors, or owner-occupants to build equity through completion & modernization. Whether you're looking for rental income, a value-add investment, or flexible living arrangements, this property offers possibilities that are difficult to find
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