Bought with Uptown Properties, LLC
$725,000
$699,000
3.7%For more information regarding the value of a property, please contact us for a free consultation.
2,908 SqFt
SOLD DATE : 12/05/2023
Key Details
Sold Price $725,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,908 sqft
Price per Sqft $249
Subdivision Richmond / Hawthorne
MLS Listing ID 23462787
Sold Date 12/05/23
Year Built 1906
Annual Tax Amount $6,385
Tax Year 2022
Property Description
Historic Craftsman style 5 plex in the heart of trendy Hawthorne/Richmond neighborhood. 2 Blk's to vibrant shops, cafes, theater, grocery, bus line, walk to everything! But located on quiet, peaceful street. Large yard. Lots of historic charm. Off street parking w/ long driveway & 2 car park pad, plenty of free street parking. 3 -1 bed units, 1 studio, 1- 2 bed unit plus unfinished 1314 SF (not incl in list SF) ground level basement for pos future develop? Current cap rate 6.5%, room for upside! Legal 5 plex, gas & electric metered separately. Would make great investment, owner occupied, Airbnb?? Seller is licensed Oregon Broker.
Location
State OR
County Multnomah
Community Laundry
Area _143
Zoning R2.5
Rooms
Basement Exterior Entry, Full Basement, Storage Space
Interior
Heating Wall Furnace
Exterior
Garage Spaces 2.0
Community Features Laundry
View Y/N false
Roof Type Composition
Garage No
Building
Lot Description Gentle Sloping, Level
Story 3
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public Water
Level or Stories 3
Schools
Elementary Schools Abernethy
Middle Schools Hosford
High Schools Cleveland
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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