Portland, OR97236
$1,825,000
8 total units
3 total bedrooms
3 total bathrooms
$163,739 annual income
Capitilization Rate: 6.12
10496 total sq. ft
20,000 SqFt to .99 Acres
Middle School: Centennial
High School: Centennial
Zoning: R3
1182 days on market
TourVestorFilter™
Price per unit$228.1K/unit
Price per ft²$173.88/ft²
Recent price drop$100,000
Price per acre$3.88M/ac
Price per bedroom$608.3K/bed
Time on market1182 days
Property Description
STRONG & STABLE RENTAL OPPORTUNITY! 100% occupied & ALL rents paid in FULL & ON TIME through COVID! All rents due for raise, no increase in 2 years! 8 Meticulously maintained townhomes ideally located in the strong rental market of SE Portland! Developed in 2004, each identical unit is 3bd/2.5bth, 1,312 SF of large updated living with newer W/D's, fireplaces, attached garages, private fenced yards all on a secluded .56 acre lot. Turn-key operation with a good cap rate & strong rental history!
{{ compliance-logo }}Listing Provided By Premiere Property Group, LLC
Financial Data
Date Sold2021-04-16
Sold Price$1,825,000
Price ChangeDropped $100,000 on 04/19/2021
Total $100,000 drop
Total $100,000 drop
Original Price$1,925,000
Current Price$1,825,000
Property Taxes$13,822
Home Facts
StatusSold
Year Built2004
Exterior Features
MLS ID21324186
Unit Details
Unit 1
