Bought with J Residential Properties
$1,020,000
$1,035,000
1.4%For more information regarding the value of a property, please contact us for a free consultation.
4,650 SqFt
SOLD DATE : 01/06/2023
Key Details
Sold Price $1,020,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,650 sqft
Price per Sqft $219
MLS Listing ID 22494321
Sold Date 01/06/23
Year Built 1962
Annual Tax Amount $7,914
Tax Year 2021
Property Description
Extremely well-located 6 unit apartment in Gladstone, OR consisting of two triplexes on one tax lot. All 2 bed 1 bath units, roughly 775sqft each. Individual backyards, on-site parking, on-site laundry room. Value-add opportunity, below market rents with 30%+ loss-to-lease, pro forma 7.1% CAP rate.
Location
State OR
County Clackamas
Community Laundry
Area _145
Zoning R5
Rooms
Basement Crawl Space
Interior
Heating Wall Furnace
Exterior
Garage Spaces 11.0
Community Features Laundry
View Y/N false
Roof Type Composition
Parking Type Assigned, Paved
Garage No
Building
Story 1
Sewer Public Sewer
Water Public Water
Level or Stories 1
Schools
Elementary Schools John Wetten
Middle Schools Kraxberger
High Schools Gladstone
Others
Acceptable Financing Cash, Conventional, OwnerWillCarry
Listing Terms Cash, Conventional, OwnerWillCarry
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
