Bought with Rarebird Real Estate
$900,000
$1,000,000
10.0%For more information regarding the value of a property, please contact us for a free consultation.
5,600 SqFt
SOLD DATE : 10/14/2022
Key Details
Sold Price $900,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,600 sqft
Price per Sqft $160
Subdivision Humboldt
MLS Listing ID 22504375
Sold Date 10/14/22
Year Built 1899
Annual Tax Amount $12,525
Tax Year 2021
Property Description
This 3 unit oversized property is an investor or owner occupied dream. Located blocks away from Mississippi avenue with easy access to I-5, the Max, and PCC this 2009 duplex has 3 beds, 2.5 bath, a garage and 1,300 sq ft, and the house next door hosts 3 beds, 2 baths, an office, and 2400 sq ft. With a cap rate of 5% and potential at 8% with current market rental rates, this low maintenance rental property is a perfect investment.
Location
State OR
County Multnomah
Area _141
Zoning RM2
Rooms
Basement Unfinished
Interior
Heating Other
Exterior
View Y/N false
Roof Type Composition
Garage No
Building
Lot Description Level
Story 3
Sewer Public Sewer
Water Public Water
Level or Stories 3
Schools
Elementary Schools Beach
Middle Schools Ockley Green
High Schools Jefferson
Others
Acceptable Financing Cash, Conventional, FHA, VALoan
Listing Terms Cash, Conventional, FHA, VALoan
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
