Bought with Modern Realty
$810,000
$825,000
1.8%For more information regarding the value of a property, please contact us for a free consultation.
2,992 SqFt
SOLD DATE : 06/13/2022
Key Details
Sold Price $810,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,992 sqft
Price per Sqft $270
Subdivision Concordia
MLS Listing ID 22138921
Sold Date 06/13/22
Year Built 1966
Annual Tax Amount $4,538
Tax Year 2020
Property Description
Solid investment in sought after Concordia neighborhood, 2 blocks to old Concordia U, being purchased by U of Oregon. Maintained mid-century with brand new roof + exterior paint. Low maintenance + taxes = low operation expenses. 10K lot, RM1 zoning allows for more units + development, + opportunity to acquire vacant lot next door from the City of Portland. Ask your agent for details. 6 covered parking , 5 storage units. $5575 monthly rent. 6% CAP. All payments current. Owner/Broker.
Location
State OR
County Multnomah
Area _142
Zoning RM1
Rooms
Basement Crawl Space, Storage Space
Interior
Heating Zoned
Exterior
Roof Type Flat
Garage No
Building
Lot Description Corner Lot
Story 1
Sewer Public Sewer
Water Public Water
Level or Stories 1
Schools
Elementary Schools Faubion
Middle Schools Faubion
High Schools Jefferson
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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