Bought with Equity Pacific Real Estate LLC
$1,850,000
$1,850,000
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14,055 SqFt
SOLD DATE : 07/06/2021
Key Details
Sold Price $1,850,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 14,055 sqft
Price per Sqft $131
Subdivision Powellhurst Gilbert
MLS Listing ID 20173050
Sold Date 07/06/21
Year Built 1999
Annual Tax Amount $22,117
Tax Year 2020
Property Description
Make offer subject to internal inspection of occupied unit.2 Buildings, 14 unit complex in SE PDX. Massive upside in rents and NOI with proper management of expenses. Newer roofs, upgraded plumbing within the last few years. Seller to complete 1031 exchange at no cost to buyer. Actual Income includes scheduled rent for 8 garages(avg $105 each per month). Seller is not interested in carrying a note.
Location
State OR
County Multnomah
Area _143
Zoning RM1
Interior
Heating Baseboard
Exterior
Roof Type Composition
Garage No
Building
Lot Description On Busline, Private
Story 2
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Elementary Schools Lincoln Park
Middle Schools Alice Ott
High Schools David Douglas
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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