Listed by Macadam Forbes
$1,075,000
John Eben Young House
Details
Property Type Office, Mixed Use
Sub Type Executive Office
Square Footage 5,030
Units 12
Cap Rate 6.02%
NOI $64,703
Pro-Forma Cap Rate 6.61%
Pro-Forma NOI $71,106
Class A
Year Built 1896
Lot Size (SqFt) 6,052
Zoning RM4
Parking Spaces 5 spaces
Parking Per SqFt 0.99
Office | 6.02% CAP | 5,030 SqFt
Marketing description
A classic mixed-use office building with two residential units, located in the heart of SW Portland’s Goose Hollow neighborhood. This well-maintained historic house benefits from a prime location, ensuring consistent occupancy.
The John Eben Young House is located in the Kings Hill area of the Goose Hollow neighborhood, known for its charming tree-lined streets and proximity to various city amenities. Tenants enjoy easy access to downtown Portland, the Multnomah Athletic Club (MAC), various TriMet MAX light rail and bus stops, dining options, and major highways, making any form of commute easy.
Investment highlights
- Strong occupancy
- Close proximity to many amenities
- Walk-friendly location
- Five off-street parking spaces
Listing Contacts
Listed by Macadam Forbes
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$64,702.64
$5,391.89/mo
Valuation Metrics
0
DSCR
6.02%
Cap Rate
6.02%
ROI
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