7 bedroom house for sale
$1,050,000 - Portland OR 97214Portland OR 97214
7 bedroom house for sale
- Beds: 7
- Baths: 5
- Price: $1,050,000
- Internal Reference No.: 69425550
- Area: 2,824 sqft
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Overview
2018 studs out remodel included electrical wiring/panels, water lines, water heaters, doors, bathrooms, common area, washer/dryer/storage room and kitchens with new cabinets, quartz countertops and stainless appliancesCharming fully restored 6-unit building situated in Buckman neighborhood between popular Belmont and Hawthorne shops and restaurants. Walkers paradise: 96 and Bikers paradise: 97. 2018 studs out remodel included electrical wiring/panels, water lines, water heaters, doors, bathrooms, common area, washer/dryer/storage room and kitchens with new cabinets, quartz countertops and stainless appliances. New roof in 2020 and common area windows in 2021. Unit mix is comprised of three (3) 1 bed / 1 bath units, one (1) 2 bed / 1 bath unit and two studios upstairs sharing one bath. Prime close-in investment opportunity to acquire a turn-key well performing asset in a strong Portland submarket. Subject property currently achieves gross monthly rents of $7, 665 per month + 2023 utility reimbursements averaging ~$536 per month. Projected 2024 Effective Gross Income (EGI) of ~$96, 553. Stabilized expense load of ~39% provides an Net Operating income of ~$58, 712. For more details and to contact: https://realtyww.info/homes_portland-d526078/for-sale_i69425550
House Portland
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2024-03-18, Viewed 0 times.
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2024-03-18, Viewed 0 times.
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