14832 SE LEE AVE Milwaukie, OR 97267

Discover a premier Oak Grove multifamily investment. This six-unit property has four units with two beds and one bathroom and two units with one bed and one bathroom. All units have been modernized in recent years and feature contemporary amenities. On-site laundry enhances convenience for tenants. The property consists of two buildings on a large lot and features newer roofs, vinyl windows, and wood siding. Each unit has a private, fenced backyard, and eleven parking spaces are available.Opportunity to increase AGI through billing back utility expenses currently covered by the landlord. Rents are currently 18.8% below the market rates, presenting an excellent opportunity to increase rental income. The property has been exceedingly well-maintained, ensuring its long-term stability and lowering its maintenance expenses.The property's proximity to coffee shops and restaurants makes it an attractive living environment for tenants. Its strategic location and desirable characteristics make it an attractive investment opportunity.