6040 NE KILLINGSWORTH ST Portland, OR97218
$685,000
4 total units
8 total bedrooms
4 total bathrooms
$53,220 annual income
Capitilization Rate: 6.54
3120 total sq. ft
10,000 to 14,999 SqFt
Elementary School: Scott
Middle School: Roseway Heights
High School: Leodis McDaniel
Zoning: CM1/RM1
1296 days on market
VestorFilter™
Price per unit$171.3K/unit
Price per ft²$219.55/ft²
Recent price drop$40,000
Price per acre$2.92M/ac
Price per bedroom$85.6K/bed
Time on market1296 days
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.
{{ compliance-logo }}Listing Provided By Realty One Group Prestige
Financial Data
Date Sold2021-11-30
Sold Price$685,000
Price ChangeDropped $40,000 on 12/01/2021
Total $165,000 drop
Total $165,000 drop
Original Price$850,000
Current Price$685,000
Property Taxes$7,002
Find On Map
Home Facts
StatusSold
Year Built1979
Exterior Features
MLS ID20282959
Unit Details
Unit 1
Unit 2
Unit 3
Unit 4
