2458 Se CORA St, Portland, OR 97202

Property Description

5.25 OR LOWER FIXED INTEREST RATE WITH BUILDER-PAID BUYDWN (subject to market and eligibility). LAST HOME AVAILABLE! Fantastic Live/Rent option or rent both units! This exquisite brand new home with warranties features 3 bedrooms and 2 1/2 baths in the primary home, plus an additional 2 bedrooms, full bath, and full kitchen in a lower-level ADU with a separate entrance. Quality construction, sensible design, and stunning finishes set this home above the rest! This home is flooded with natural light and showcases high-end finishes and modern amenities throughout. Enjoy an entertainer’s kitchen with elegant quartz countertops. The spacious primary bedroom boasts a walk-in closet and a stylish en-suite bath. Consider the possibilities of the ADU… nearly identical ADU's nearby rent for $1800 and $2000/month. Renting the ADU for $1,800 per month could reduce the monthly cash-outflow for your mortgage to less than $2,000, excluding insurance and property taxes (e.g. Estimate based on 20 percnt down and obtaining a net mortgage rate of 5.25 with the Sellers .75 point offer). Owner will also be able to deduct depreciation, maintenance, taxes and insurance costs associated with the ADU (e.g. Please see your Accountant or Tax Expert for specific information). Or you could utilize the space for multigenerational living or as a work-from-home option. Explore the neighborhood and try some of the many outstanding dining and shopping options at your fingertips. Energy efficient? Yes! Home Energy Score is a perfect 10!

Listing Status:

Active

Date Added:

February 20, 2025 at 06:00AM

Listing Office:

Windermere Realty Trust : 503-233-7777

Listing Agent:

Reuben Schug : 503-754-1930

MLS ID:

391983159

Interior

• Basement: FinishedFull basementSeparate living quarters apartment aux living unit
• A/C: Central air
• Heating: Forced airHeat pump

Exterior

• General: Cement sidingLap siding
• Parking: On streetParking spaces: 0

Construction

• Roofing: Composition
• General: Slab

Location

• Road/Access: Paved
• Originating MLS: Regional Multiple Listing ServiceInc.
• County: Multnomah

Lot

• Zoning: R2.5SPANTONS ADDBLOCK 3LOT 1&2 TL 2300R274093

Utilities

• Water: Public water
• Sewer: Public sewer

Financial

• Source: Regional Multiple Listing ServiceInc.

This listing courtesy of Reuben Schug, Windermere Realty Trust