Listed by All Professionals Real Estate
$875,000
Cash Flowing NE Portland 4-Plex
Details
APN R235706
Property Type Multifamily
Sub Type Apartment Building
Square Footage 4,320
Units 4
Cap Rate 6.06%
NOI $53,000
Occupancy 100%
Price per SqFt $203
Broker Co-Op Yes
Class B
Year Built 2005
Year Renovated 2014
Buildings 1
Stories 2
Lot Size (SqFt) 4,800
Zoning C-G
Parking Spaces 4 spaces
Parking Per SqFt 0.93
Investment Type Stabilized
Sale Condition 1031 exchange
100% Occupied Cash Flowing Multifamily | 4 Units
Marketing description
Fully rented 4-plex, each unit has 2 bedrooms, 2 baths, living area, washer and dryer hookup, closet, and storage room.
The bottom units have a fenced backyard. Upstairs units have front and back balconies. It was built in 2005 and renovated down to the sheetrock in 2014.
PLEASE DO NOT DISTURB THE TENANTS. All offers to be contingent on interior inspection. Bring your offers & let’s get make this yours.
Investment highlights
PROPERTY FACTS
No. Units: 4
Unit Mix: 2BR / 2Ba
Building Size: 4,320 SF
Property Type: Multifamily
Average Occupancy: 100%
Property Subtype: Apartment
No. Stories: 2
Apartment Style: Low-Rise
Year Built/Renovated: 2005/2014
Building Class: B
Parking Ratio: 4.44/1,000 SF
Lot Size: 0.11 AC
Zoning: CG
Listing Contacts
Listed by All Professionals Real Estate
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$53,000.00
$4,416.67/mo
Valuation Metrics
0
DSCR
6.06%
Cap Rate
6.06%
ROI
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