13306 SE LINDEN LN Milwaukie, OR97222
$3,295,000
20 total units
2 total bedrooms
1 total bathrooms
$279,000 annual income
24000 total sq. ft
1 to 2.99 Acres
Zoning: MR1
945 days on market
VestorFilter™
Price per unit$164.8K/unit
Price per ft²$137.29/ft²
Price per acre$3.3M/ac
Price per bedroom$1647.5K/bed
Time on market945 days
Property Description
Twenty-20 two bedroom / 1 bath apartment units, 780 square feet each. Subject property has a stable/long-term operating history. Collected income: 2019($234,975), 2020($230,442 *modest Covid impact + five extensive unit turnovers resulted in temporary vacancies). Average current scheduled rent = $1,147 per unit. Highest rent currently achieved = $1,250. Primed for continued near-term income growth. New roofs in 2021 and sewer line to all 5 buildings in 2020.
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Financial Data
Date Sold2022-01-12
Sold Price$3,295,000
Original Price$3,195,000
Current Price$3,295,000
Property Taxes$22,539
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Home Facts
StatusSold
Year Built1967
Green/Energy SupplementNo
MLS ID21676677
Unit Details
Unit 1
