1203 Se 53Rd Ave

There are two dwellings on this property: the original Craftsman and a separate ADU with its own address (5224 SE Salmon St.) This property is a rare find in one of the hottest neighborhoods in southeast Portland. Owner to carry mortgage with 5.5% interest amortized over 20 years with a 5-year payout, 15% down. Offering 2% to Buyers Agent. The classic Craftsman Bungalow is a vintage beauty in the heart of Mt. Tabor! The 2nd dwelling is a newly built cottage with high-end finishes. The Bungalow has hardwood floors, wood box beams in the ceiling, built-ins, a wood-burning fireplace and beautiful hand painted murals throughout. The dining room opens to the living room with built-in buffet cabinets and a window seat with storage. Large eat-in kitchen and newly renovated 1/2 bath with washer and dryer on the main floor. Upstairs is carpeted and has a generous master bedroom with 2 closets and an alcove. Large second bedroom. Both bedrooms have doors into the office. The full bath upstairs has storage and a claw foot soaking tub. The Bungalow has a full basement that can be converted into a one-bedroom apartment. A new water heater and gas furnace. Outside the house sports a fresh paint job and a new roof. Low maintenance yard. The cottage was built with high end finishes, including a gas fireplace with hand painted tile, bamboo floors, heated bathroom tile floor, brand new on-demand hot water heater, full size kitchen with a loft, washer/dryer. Four skylights shower the home in light. The cottage was permitted as rental property and is currently being rented. This property is in the coveted Mt. Tabor neighborhood and sits on quiet, tree-lined streets yet is close enough to walk to shops, restaurants, public transportation, and the magnificent Mt. Tabor Park. There is plenty of on-street parking.