6867 N FESSENDEN ST, Portland, OR 97203

$1,100,000
List Price
$1,100,000
Days on Market
37
MLS#
21414577
Property Type
Multifamily
Lot Size
7, 000 to 9, 999 SqFt
Region
Portland North
Status
Active

Property Description

Great fourplex with LARGE units - (3) 3 bed, 3 bath units and (1) 2 bed, 1.5 bath unit with off-street parking, great access around town, only 2 miles to U of P. All bathrooms/kitchens, floors/lights updated within last 4 yrs. Each unit includes: Range, Refrigerator, Washer/Dryer, Electric Water Heater, Dishwasher and one parking space. Please do not disturb tenants. Viewings only with accepted offer. This sweet property is located near parks, restaurants, schools, shopping, and more!

Additional Information

Tax Amount
$10,838
Year Built
1977
High School
Roosevelt
Elementary School
James John
Middle School
George
Subdivision
St. John's
Terms
Cash, Conventional, FHA
Fuel Description
Electricity
Heating Description
Zoned
Hot Water Description
Electricity
Exterior Description
Vinyl Siding
Roof Type
Composition
Sewer Description
Public Sewer
Water Description
Public
Sq Ft Approximate Building Total
5040
Capitalization Rate
5.03
Operating Expenses Actual
20840
Gross Income Actual
74910
Gross Rent Multiplier
14.68
Net Income Actual
55290
Occupancy Types
Leased, Month To Month
Covenants/Restrictions
No
Road Surface
Paved
Number Of Units Total
4
Unit Type One Baths Total
3
Unit Type One Beds Total
3
Unit Type One Rent
1795
Unit Type One Sq Ft
1350
Unit Type One Units Total
2
Unit Type Two Baths Total
3
Unit Type Two Beds Total
3
Unit Type Two Rent
1600
Unit Type Two Sq Ft
1350
Unit Type Two Units Total
1
Unit Type Three Baths Total
2
Unit Type Three Beds Total
2
Unit Type Three Rent
1535
Unit Type Three Sq Ft
950
Unit Type Three Units Total
1

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of The Group Real Estate Services.

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