1927 NE 16TH AVE, Portland, OR 97212

$1,349,000
List Price
$1,349,000
Days on Market
38
MLS#
21583852
Property Type
Multifamily
Lot Size
3, 000 to 4, 999 SqFt
Region
Portland Northeast
Status
Active

Property Description

The Painted Lady is for sale. She offers (3) separate living spaces and has gone through land use review as an approved bed and breakfast. This proves advantageous for short-term rental use. All (3) units have separate entrances and there is driveway and on-street parking available. This locations is steps from the shops and restaurants that the Irvington area has to offer.

Additional Information

Tax Amount
$11,812
Year Built
1894
High School
Grant
Elementary School
Irvington
Middle School
Harriet Tubman
Stories
2
Subdivision
Irvington
Terms
Cash, Conventional
Cooling Description
Central Air
Fuel Description
Gas
Heating Description
Forced Air
Hot Water Description
Tankless
Exterior Description
Wood Siding
Roof Type
Composition
Sewer Description
Public Sewer
Water Description
Public
View
Territorial
Sq Ft Approximate Building Total
4201
Capitalization Rate
7.41
Operating Expenses Actual
40000
Gross Income Actual
140000
Gross Rent Multiplier
9.64
Net Income Actual
100000
Occupancy Types
Leased, Month To Month, Other, Vacant
Road Surface
Concrete
Number Of Units Total
3
Unit Type One Baths Total
3
Unit Type One Beds Total
5
Unit Type One Sq Ft
2490
Unit Type One Units Total
1
Unit Type Two Baths Total
1
Unit Type Two Beds Total
1
Unit Type Two Sq Ft
1231
Unit Type Two Units Total
1
Unit Type Three Baths Total
1
Unit Type Three Beds Total
1
Unit Type Three Sq Ft
480
Unit Type Three Units Total
1

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Oregon First.

The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2021 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.