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Listing 17 out of 116
Sold for $882,000 Sold

2424 SE 49th Ave
Portland, OR 97206

4 units | Multi Family Home - MLS# 18082889
Property Photo

Sold

Sold for $882,000 on Mar 29, 2019

Description

No sign on property. Four plex just off popular SE Division. Lower units have enclosed outdoor spaces and upper units have balconies. Features include off street parking and coin-op washer/dryer. The location is steps from the action on SE Division and public transportation routes. Currently fully occupied with a good rental history.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Sold
  • Listing Price: $920,000
  • County/Area: Multnomah County
  • Zip Code: 97206
  • Year Built: 1967
  • Elementary School: Creston
  • Middle School: Creston
  • High School: Franklin
  • Sq.Ft.: 3,016 sq ft
  • Stories: 2-Story
  • Units: 4 units
  • Basement: Crawl Space
  • Garage: 4-Car
  • Lot Size: 5, 000 To 6, 999 Sqft
  • Zoning: R2.5
  • Area: Portland Southeast
  • Cap Rate: 5.15
  • Common Amenities: Laundry
  • Exterior: Brick, T-111 Siding
  • Fuel: Electricity
  • Gross Income Actual: 68400
  • Gross Income Projected: 69540
  • Gross Rent Multiplier: 13.45
  • Heating: Baseboard
  • Hot Water: Electricity
  • Limited Representation: Full Service
  • Lot: Level
  • Net Income Projected: 53095
  • Occupancy Types: Leased
  • Operating Expenses Actual: 16445
  • Operating Expenses Projected: 16445
  • Parking: Assigned, Paved
  • Roof Type: Composition
  • Selling Agent: ROESCH
  • Selling Office: Nexthome Realty Connection
  • Sewer: Public Sewer
  • Tax Amount: 7152.00
  • Terms: Cash, Conventional
  • Unit Features: Microwave, Range, Refrigerator, Wood Floors
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Beds Total: 2
  • Unit Type 1 Features: Range, Refrigerator, Wood Floors
  • Unit Type 1 Sq Ft: 730
  • Unit Type 1 Units Total: 1
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Beds Total: 2
  • Unit Type 2 Features: Microwave, Range, Refrigerator
  • Unit Type 2 Sq Ft: 730
  • Unit Type 2 Units Total: 1
  • Unit Type 3 Baths Total: 1
  • Unit Type 3 Beds Total: 2
  • Unit Type 3 Features: Range, Refrigerator
  • Unit Type 3 Sq Ft: 730
  • Unit Type 3 Units Total: 1
  • Unit Type 4 Baths Total: 1
  • Unit Type 4 Beds Total: 2
  • Unit Type 4 Features: Range, Refrigerator
  • Unit Type 4 Sq Ft: 730
  • Unit Type 4 Units Total: 1
  • Utilities Included: Trash Collection, Sewer, Water
  • Water: Public
  • Year Built Info: Approximately
  • Sold Date: 2019-03-29 00:00:00
  • Sold Price: 882000
Courtesy of Hasson Company
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