Bought with Premiere Property Group, LLC
$685,000
$650,000
5.4%For more information regarding the value of a property, please contact us for a free consultation.
3,120 SqFt
SOLD DATE : 11/30/2021
Key Details
Sold Price $685,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,120 sqft
Price per Sqft $219
Subdivision Cully Association Of Neighbors
MLS Listing ID 20282959
Sold Date 11/30/21
Year Built 1979
Annual Tax Amount $7,002
Tax Year 2020
Property Description
Below market rents & fully occupied with long-term tenants. Immediate value with rent bump. Excellent ARV opportunity. Property features 2 separate duplexes on 2 tax lots. Zoning for 1 lot is RM1, which supports up to 5 additional units. Zoning for the other is CM1, which also supports additional units. Each unit has 2 bedrooms, fireplace, wash/dry hookups, & upgraded fixtures in kitchens & bathrooms. Located on the TriMet bus line near shopping & restaurants. Please do not disturb tenants.
Location
State OR
County Multnomah
Area _142
Zoning CM1/RM1
Interior
Heating Baseboard
Exterior
Roof Type Composition
Parking Type Open, Paved
Garage No
Building
Lot Description On Busline
Story 1
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public Water
Level or Stories 1
Schools
Elementary Schools Scott
Middle Schools Roseway Heights
High Schools Leodis Mcdaniel
Others
Acceptable Financing Cash, Contract, Conventional, OwnerWillCarry
Listing Terms Cash, Contract, Conventional, OwnerWillCarry
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