Bought with Premiere Property Group, LLC
$800,000
$950,000
15.8%For more information regarding the value of a property, please contact us for a free consultation.
4,106 SqFt
SOLD DATE : 12/21/2023
Key Details
Sold Price $800,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,106 sqft
Price per Sqft $194
MLS Listing ID 23188116
Sold Date 12/21/23
Year Built 1951
Annual Tax Amount $11,007
Tax Year 2022
Property Description
Classic 1950's 4-plex with 4 attached garages and full basement with laundry and 4 separate storage units. Basement also has separate living area with bath and kitchen. Original tile in kitchens and baths. Hardwoods under carpeting. Private courtyard area. Prime convenient location for shopping, bus lines, restaurants, freeway and Mt. Tabor. Rents are way below market value per recent price opinions from management companies. Cap rate will improve dramatically with updated rents. Same owner for over 40 years. Seller is licensed Broker in the state of Oregon.
Location
State OR
County Multnomah
Community Laundry
Area _142
Zoning RM1
Rooms
Basement Full Basement
Interior
Heating Forced Air
Cooling Heat Pump
Exterior
Garage Spaces 4.0
Community Features Laundry
View Y/N false
Roof Type Composition
Parking Type Attached, Garage
Garage No
Building
Lot Description Commons, Corner Lot, Gated
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public Water
Schools
Elementary Schools Vestal
Middle Schools Harrison Park
High Schools Franklin
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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