Adriana Focke

Price improvement! Opportunity for a lucrative investment property on a RM2 lot with development potential. Please see developers packet attached. Main unit has been well maintained, and features quality finishes: fireplace, jetted tub, W&D within the unit, deck off the sunroom, and a climate controlled 2 car garage. Excellent location close to shops, restaurants, Trader Joes, & bus lines. 2 new roofs in 2022. On-site laundry facilities with washer and dryer. Siding replacement completed. Please do not disturb tenants.

Lots R155333 and R155334 included in price. 125ft of frontage on one of East Portland's most prominent arterials for a combined 12,500 sqft total. Permits have been pulled for a food pod establishment, earn income while in development stages. Zoned CM2.

3BR/2.5BA Condo in convenient Northeast Portland location! Close to the airport, highways, grocery stores, and restaurants. Short drive to desirable Alberta St and Dekum neighborhood, and minutes from PDX airport and Cascade Station! This gated community has private garages, balconies, fenced in patio area, and a washer and dryer. This unit features LVP Floor and carpeting. We suggest all potential applicants complete a tour before applying.12 month leaseTenant pays all utilities (water/sewer, gas, electric and flat fee for garbage)Security Deposit is equal to one months rent (Screening dependent)Pets allowed with $50/month pet rent (per pet) and additional pet depositNo smokingAdditional details:- Unfurnished -Pictures may be of a similar unit.- Prospective tenants will not be screened until all applications for a group are submitted and complete.- If an application is incomplete, requested information must be provided within 72 hours, or we will proceed with the next application.- Once approved, please let us know within 72 hours from notification of approval if you will be proceeding; otherwise, we will proceed with the next application.Applications are $55/person. All occupants 18+ must fill out a separate application.Unit is not a Type A accessible unit.This ad is being posted on 4/8/24. Applications accepted 4/11/24. Portland laws require landlords to process applications in the order received beginning 4/11/24. Applications received prior to 4/11 will be penalized with an 8 hr delay per law.Landlord will use an individualized assessment to screen applicants. Reasons for screening denial may include:1) Criminal conviction history2) Derogatory credit history3) Derogatory rental history4) Income less than 2x the rental rate5) Inability to verify application informationThe City of Portland requires a notice to applicants of the Portland Housing Bureau's Statement of Applicant Rights. Additionally, Portland requires a notice to applicants relating to a Tenant's right to request a Modification or Accommodation.Applicants are welcome to provide supplemental evidence to mitigate potentially negative screening results.Applicants have 30 days to appeal denied applications during which time they may correct, refute, or explain negative information forming the basis for the denial. Applicants must be prequalified for any rental opportunities at Landlord's properties for three months following the approval date. Landlords must waive all screening fees for three months following the approved appeal, but Applicants under these circumstances may be required to certify in writing that no conditions have changed.

Unique income property in bustling central location! Close proximity to Trader Joe's, freeway access, and local businesses! Main unit features excellent amenities such as jetted tub, fireplace, sunroom, private side yard and large 2 car climate controlled garage! Leases are m2m, w excellent rental history. Many recent capital improvements including 2 new roofs, siding replacement, and misc repairs. 350 bldg has been inspected, roof certified and repairs made including new electric panel. 2 former tax lots for a combined total of 12,589sqft. Developer's package attached.

I’m the Managing Principal Broker of Fiv Realty in both Oregon and Washington. I’ve got 21 years of experience in the business, and my passion is helping people make money through real estate, whether that is helping them sell their house for more money than they thought possible, helping buyers find bargains that fit their needs and have easy gains in equity, or helping investors buy properties with good cap rates.  My specialties are helping downsizers, heirs to an estate, and investors in residential real estate. I approach real estate through a data/driven laser focused lens because I am originally an engineer so analyzing pricing and market trends comes naturally to me. 

Adriana Focke

About Adriana Focke

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Recent property sales & transaction history

4 properties

Portland

Family Home

$1,400,000 to $1,450,000

6,300 ft²

Properties for sale by listing agent Adriana Focke

$1,395,000

$1,399,900

$1,499,900

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