4559 LEIF ERIKSON DR

Astoria, 97103

  • 2 Bed

  • 1.5 Bath

  • 3240 SqFt

  • 1 DOM

  • Built: 1926

  • Status: Active

$275,000

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4559 LEIF ERIKSON DR

Astoria 97103

$275000

  • 2 Bed

  • 1.5 Bath

  • 3240 SqFt

  • 1 DOM

  • Built: 1926

  • Status: Active

Mohanraj Rajendran

Real Estate Agent

(503) 336-1515

Perfect for live/work. Right next door to Alderbrook park, so it's like having a 1/2 acre yard complete with public gardens and rarely used basketball court. It's not for the faint of heart, but the upside is HUGE. No water intrusion except for rear lean to and around side door. Dry basement. No water intrusion from above or below. No roof leaks. No roof sag. Level floors. Outdoor space for patio service. OK to use as Deli/coffee shop per city 2015. Off street parking not required per city 2015. Will need roof, paint, rear lean to repair, east side sole plate repair/replacement, and some foundation work. Estimates for this work come in at about $110k. My best guesstimate for all work to rehab is about $165k, as long as you don't want granite countertops, inch thick real wool carpets, and gold plated bath fixtures. Estimated value after rehab - $700k. Listing broker is owner. I'd really love to keep this, but I've got two other rehab projects and a retirement house to build in Sunriver; something has to go!

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