Bought with Green Realty LLC
$890,000
$899,000
1.0%For more information regarding the value of a property, please contact us for a free consultation.
2,896 SqFt
SOLD DATE : 12/12/2024
Key Details
Sold Price $890,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,896 sqft
Price per Sqft $307
Subdivision Buckman
MLS Listing ID 24618193
Sold Date 12/12/24
Year Built 1905
Annual Tax Amount $9,751
Tax Year 2023
Lot Size 5,227 Sqft
Property Description
This fully remodeled Victorian 4-plex in the Buckman neighborhood is an exceptional investment opportunity - with an outstanding cap rate over 6.5. Every unit has been fully updated with newer kitchens, bathrooms, paint, and flooring. Fresh new external paint just completed. Full building repipe in 2019. Sizable unfinished attic with good head height, and unfinished basement with separate entry, storage units and community laundry facilities. Floor plans vary. Common area backyard with fire pit, and off-street parking for two vehicles. Fully tenanted, and rents at market rate. Well located close to Belmont, Hawthorne and Public transit. Motivated seller - this is exceptional value in a perfect location. Walk Score 94 Bike Score 96.
Location
State OR
County Multnomah
Community Commons, Laundry
Area _143
Zoning RM2
Rooms
Basement Exterior Entry, Full Basement, Unfinished
Interior
Heating Ductless
Cooling Mini Split, Wall Unit
Exterior
Community Features Commons, Laundry
Roof Type Composition
Garage No
Building
Lot Description Level, Public Road, Trees
Story 2
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Elementary Schools Buckman
Middle Schools Hosford
High Schools Cleveland
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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