7423 N VINCENT AVE Portland, OR97217
$850,000
5 total units
1 total bedrooms
1 total bathrooms
$56,380 annual income
Capitilization Rate: 3.69
3240 total sq. ft
7,000 to 9,999 SqFt
Elementary School: Chief Joseph
Middle School: Ockley Green
High School: Roosevelt
Zoning: CM1
1122 days on market
VestorFilter™
Price per unit$170K/unit
Price per ft²$262.35/ft²
Recent price drop$25,000
Price per acre$5.17M/ac
Price per bedroom$850K/bed
Time on market1122 days
Property Description
Charming brick 5 plex in a great location. All units have 1 BR/1BA. Currently rented for $800/month. Partial basement with storage and coin-op owned washer and dryer. Income approx $1,200 per year. There is $8,000 annual income from the cell tower equipment lease. There is also a billboard annual lease of $1,500.
{{ compliance-logo }}Listing Provided By Georgetown Realty Inc.
Financial Data
Date Sold2021-10-14
Sold Price$850,000
Price ChangeDropped $25,000 on 10/25/2021
Total $125,000 drop
Total $125,000 drop
Original Price$975,000
Current Price$850,000
Property Taxes$5,633
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Home Facts
StatusSold
Year Built1946
Exterior Features
MLS ID21554846
Unit Details
Unit 1