A Perfect Blend of Classic Charm and Modern Comfort: Discover 1605 SE Lexington St, Portland, OR
Nestled on a tranquil, tree-lined street in Portland, Oregon, 1605 SE Lexington St is a splendid fusion of Arts & Crafts character and contemporary convenience. Listed at $875,000, this gem offers an enticing blend of architectural elegance, thoughtful updates, and versatile living options. Whether you are a prospective homeowner, an investor, or someone looking to tap into Portland's lucrative Airbnb market, this home promises both comfort and opportunity.
An Inviting Exterior with Modern Touches
From the moment you arrive, the well-maintained exterior of this property captures your attention. The original façade has been meticulously stripped of old paint and renewed with high-quality, water-based paint, preserving its classic charm while promising durability. The home is also equipped with a new roof featuring Malarkey tiles, ensuring robust protection against the elements. The recently updated driveway boasts an EV charging station, catering to your eco-friendly transportation needs.
Inside: A Harmonious Blend of Old and New
Step through the entrance, and you are welcomed by the harmonious blend of old-world charm and modern updates. One of the standout features is the newly installed Jeld Wen wood frame double glazed windows and blown-in insulation, making this home exceptionally energy-efficient. Climate control is a breeze with a new heater, A/C, and two mini-splits, ensuring your comfort in every season.
A Backyard Oasis
Step outside to the rear deck through the unique bump-out feature, where you will find Fiberon flooring and Trex railings. It’s the perfect setting for outdoor dining or simply enjoying a serene afternoon. An auto irrigation system with timers ensures your lush garden stays vibrant with minimal effort. The improved landscaping not only enhances the property's curb appeal but also offers a peaceful outdoor retreat.
Smart Home Features
Safety and convenience are priorities in this smart home. Equipped with a Ring Alarm System and keyless entries on all doors, you can rest easy knowing your home is secure.
Versatile Living with a Profitable Twist
One of the most impressive aspects of this property is the fully furnished basement apartment, designed for versatility and profitability. Formerly operated as a successful Airbnb, this space features a separate keyless entrance, walk-in shower, toilet, sink, and antique stained glass windows. The seller is willing to transfer their Airbnb profile, complete with positive reviews and an established reputation, providing you the opportunity to continue this income-generating venture seamlessly.
Modern Kitchen and Soundproofed Tranquility
The newly remodeled kitchen features modern appliances and fresh flooring, making meal preparation a delightful experience. Both the kitchen and laundry areas have been soundproofed for added tranquility. Another bathroom on this level showcases a fully tiled shower, adding a touch of luxury to daily routines.
Loft Living
The upstairs loft is a cozy escape, enhanced with a closet for additional storage. The outdoor retreat even includes floor heating (though it is not currently hooked up), adding potential for further comfort and enjoyment. Double Velux Cabrio Balcony windows flood the space with natural light and offer stunning views.
Proven Success as an Airbnb
The property’s track record on Airbnb is impressive, with both the main home and basement apartment generating positive reviews. The continuity of this success is almost assured, as the seller is willing to transfer the established Airbnb profile.
Conclusion
In summary, 1605 SE Lexington St is not just a house; it’s a combination of style, comfort, and opportunity. With its blend of classic charm, modern updates, and potential for income generation, it offers a unique and appealing proposition for various types of buyers. Don’t miss your chance to own this exceptional piece of Portland real estate.
Whether you plan to call it home, make it a profitable investment, or both, 1605 SE Lexington St promises a future filled with comfort, convenience, and charm.
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