5 plex in fabulous location. Walk to Multnomah Village and Starbucks! 2 beds, 1.1 baths, lg closets in each room, master w/deck & walk in closet for desk/computer. Lg kit w/tons of cabs, lg space for dining table, pantry, half bath off din rm. Liv room down w/hi ceiling, fireplace, built in book cases & patio. Same owners 46 years. On bus line across the street. 2 pkg spaces per apt. Buyer to verify sq ftg. Owner is licensed Oregon realtor.
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General Features
- Area Portland NW/ SW/ S, Raleigh Hills
- Bank Owned Y/N No
- Capitalization Rate 2.74
- Country US
- Fuel Description Electricity
- Gross Income Actual 72000
- Gross Income Projected 91128
- Gross Rent Multiplier 20.76
- Heating Description Zoned
- Hot Water Description Electricity
- Net Income Actual 40910
- Net Income Projected 64128
- Number Of Units Total 5
- Occupancy Types Month To Month,Vacant
- Operating Expenses Actual 31090
- Operating Expenses Projected 32000
- Sewer Description Public Sewer
- Short Sale Y/N No
- Stories 2
- Subdivision Multnomah
- Supplement Number 0
- Tax Amount 15526.89
- Terms Cash,Conventional
- Third Party Approval Y/N No
- Utilities Included Trash Collection,Sewer,Water,Maintenance Grounds
- View Y/N No
- Water Description Public Water
- Year Built 1969
- Zoning RM1
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Building Features
- Basement Exterior Entry,Unfinished
- Basement1 Concrete Perimeter
- Common Amenities Laundry
- Exterior Description Shake Siding,Wood Siding
- SqFt Approximate Building Total 5500
- Unit Type1 Baths Total 2
- Unit Type1 Beds Total 2
- Unit Type1 Features Dishwasher,Disposal,Fireplace,Refrigerator
- Unit Type1 Rent 1500
- Unit Type1 SqFt 1100
- Unit Type1 Units Total 1
- Unit Type2 Baths Total 2
- Unit Type2 Beds Total 2
- Unit Type2 Features Dishwasher,Disposal,Refrigerator
- Unit Type2 Rent 1314
- Unit Type2 SqFt 1100
- Unit Type2 Units Total 1
- Unit Type3 Baths Total 2
- Unit Type3 Beds Total 2
- Unit Type3 Features Dishwasher,Disposal,Fireplace,Refrigerator
- Unit Type3 Rent 1269
- Unit Type3 SqFt 1100
- Unit Type3 Units Total 1
- Unit Type4 Baths Total 2
- Unit Type4 Beds Total 2
- Unit Type4 SqFt 1100
- Unit Type4 Units Total 1
- Unit Type4Rent 1299
- Unit Type5 Baths Total 2
- Unit Type5 BedsTotal 2
- Unit Type5 Rent 1428
- Unit Type5 SqFt 1100
- Unit Type5 Units Total 1
- UnitFeatures Dishwasher,Disposal,Fireplace,Refrigerator
- UnitTypeType 1,2,3,4,5
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Room Features
- Legal Description ALOHA ADD, LOT 5&6, W 1/2 OF LOT 7
- Limited Representation Y/N Full Service
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Property Features
- Lot Description On Busline,Level,Trees
- Lot Size 10,000 to 14,999 SqFt
- Property Category Multi Family
- Roof Type Flat
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Schools
- Elementary School Maplewood
- High School Ida B Wells
- Middle School Jackson