2047 SW 10TH AVE, Portland, OR 97201

$1,100,000

Listing courtesy of Equity Pacific Real Estate LLC.

List Price
$1,100,000
Days on Market
11
MLS#
19380507
Property Type
Multifamily
Lot Size
7, 000 to 9, 999 SqFt
Region
Portland West, Raleigh Hills
Status
Active

Property Description

5-Plex with downtown views. Walk to PSU. Great unit-mix. Main floor units have HW floors, period built-ins and large front porch and patio access. Single garage currently used for storage and un-rented. Laundry machines in basement. 100% occupancy w/ rental upside. RH zoning allows for future development.

Additional Information

Tax Amount
$13,149
Year Built
1912
Terms
Conventional
Basement Foundation
Finished, Slab
Fuel Description
Gas
Heating Description
Forced Air
Exterior Description
Hard Concrete Stucco
Sewer Description
Public Sewer
Water Description
Public
View
City
Sq Ft Approximate Building Total
3072
Capitalization Rate
4.87
Operating Expenses Actual
27307
Gross Income Actual
83197
Gross Rent Multiplier
13.22
Net Income Actual
53599
Utilities Included
None
Number Of Units Total
5
Unit Type One Baths Total
1
Unit Type One Rent
975
Unit Type One Sq Ft
500
Unit Type One Units Total
1
Unit Type Two Baths Total
1
Unit Type Two Beds Total
1
Unit Type Two Rent
945
Unit Type Two Sq Ft
400
Unit Type Two Units Total
1
Unit Type Three Baths Total
1
Unit Type Three Beds Total
1
Unit Type Three Rent
1100
Unit Type Three Sq Ft
700
Unit Type Three Units Total
1
Unit Type Four Baths Total
1
Unit Type Four Beds Total
2
Unit Type Four Rent
1245
Unit Type Four Sq Ft
850
Unit Type Four Units Total
1
Unit Type Five Baths Total
1
Unit Type Five Beds Total
3
Unit Type Five Rent
2100
Unit Type Five Sq Ft
900
Unit Type Five Units Total
1

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks


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