1720 NE 15TH AVE, Portland, OR 97212

$849,900
List Price
$849,900
Price Change
▼ $50,000 1581386845
Days on Market
35
MLS#
20113385
Property Type
Multifamily
Lot Size
5, 000 to 6, 999 SqFt
Region
Portland Northeast
Status
Active

Property Description

Offers reviewed 2/27 at 5:00 pm. Impeccably maintained/remodeled tri-plex, close in + convenient. Original woodwork, period fixtures, pocket doors, hardwood floors, gas appl. 1-3/2 unit, 1-2/2 unit + 1 1/1 unit. Common laundry-coin operated. 2 parking spots. New boiler + water htr. Fully leased. Potential for 4th unit in basement + individual w+d for superior returns. Whole bldg wtr sprinkler system. Potential to transfer + sell off additional FAR bonus value.

Additional Information

Tax Amount
$10,878
Year Built
1890
High School
Jefferson
Elementary School
Irvington
Middle School
Harriet Tubman
Stories
4
Subdivision
Irvington
Terms
Cash, Conventional, FHA
Cooling Description
Central Air
Fuel Description
Gas
Heating Description
Forced Air
Hot Water Description
Electricity
Exterior Description
Wood Siding
Roof Type
Composition
Sewer Description
Public Sewer
Water Description
Public
Sq Ft Approximate Building Total
3421
Capitalization Rate
4.71
Operating Expenses Actual
24020
Gross Income Actual
64020
Gross Rent Multiplier
13.28
Net Income Actual
40000
Occupancy Types
Leased
Road Surface
Paved
Number Of Units Total
3
Unit Type One Baths Total
2
Unit Type One Beds Total
3
Unit Type One Rent
2065
Unit Type One Sq Ft
1325
Unit Type One Units Total
1
Unit Type Two Baths Total
2
Unit Type Two Beds Total
2
Unit Type Two Rent
1895
Unit Type Two Sq Ft
925
Unit Type Two Units Total
1
Unit Type Three Baths Total
1
Unit Type Three Beds Total
1
Unit Type Three Rent
1375
Unit Type Three Sq Ft
591
Unit Type Three Units Total
1

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Keller Williams-PDX Central.

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