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Listing 13 out of 116
$995,000 Pending

4047 SE Main St
Portland, OR 97214

4 units | Multi Family Home - MLS# 18170664
Property Photo
1/27

Description

Appraised at $1.265 Mil in Dec 2017. List price based on $795K for the 4-plex & $200K for the lot. Grand old Four-Plex with development potential. The 4-plex & detached garage sit on the east side of an oversized 8, 572 SF lot. Owner applied for a Lot Line Adjustment & received a Property Line Adjustment Checksheet from the City. Call LA for details. Unit features include hardwood floors, built-ins, decks and a fabulous front porch.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Pending
  • County/Area: Multnomah County
  • Zip Code: 97214
  • Year Built: 1900
  • Subdivision/Neighborhood: Sunnyside
  • Elementary School: Sunnyside Env
  • Middle School: Sunnyside Env
  • High School: Franklin
  • Sq.Ft.: 3,973 sq ft
  • Stories: 2-Story
  • Units: 4 units
  • Basement: Full Basement, Unfinished, Storage Space
  • Garage: 3-Car
  • Lot Size: 7, 000 To 9, 999 Sqft
  • View: Trees/Woods Yes
  • Zoning: R2.5
  • Area: Portland Southeast
  • Cap Rate: 3.08
  • Exterior: Cement Siding, Shingle Siding
  • Fuel: Gas
  • Gross Income Actual: 49080
  • Gross Income Projected: 61200
  • Gross Rent Multiplier: 20.27
  • Heating: Radiant
  • Hot Water: Gas
  • Limited Representation: Full Service
  • Lot: Level
  • Net Income Projected: 42517
  • Occupancy Types: Leased, Month To Month
  • Operating Expenses Actual: 16991
  • Operating Expenses Projected: 16991
  • Parking: Paved, Garage
  • Roof Type: Composition
  • Sewer: Public Sewer
  • Storage: Garage(S), Basement
  • Tax Amount: 6095.96
  • Terms: Cash, Conventional, Fha, Va Loan
  • Unit Features: Deck, Hardwood Floors, Range, Refrigerator, Storage
  • Unit Type 1 Baths Total: 2
  • Unit Type 1 Beds Total: 2
  • Unit Type 1 Features: Hardwood Floors, Range, Refrigerator, Storage
  • Unit Type 1 Sq Ft: 1000
  • Unit Type 1 Units Total: 1
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Beds Total: 1
  • Unit Type 2 Features: Deck, Range, Refrigerator, Storage
  • Unit Type 2 Sq Ft: 700
  • Unit Type 2 Units Total: 1
  • Unit Type 3 Baths Total: 1
  • Unit Type 3 Beds Total: 1
  • Unit Type 3 Features: Deck, Range, Refrigerator, Storage
  • Unit Type 3 Sq Ft: 700
  • Unit Type 3 Units Total: 1
  • Unit Type 4 Baths Total: 1
  • Unit Type 4 Beds Total: 1
  • Unit Type 4 Features: Deck, Hardwood Floors, Range, Refrigerator
  • Unit Type 4 Sq Ft: 600
  • Unit Type 4 Units Total: 1
  • Utilities Included: Electricity, Trash Collection, Heat, Sewer, Water, Landscaping
  • Water: Public
  • Year Built Info: Existing
Courtesy of Township Properties
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