$1,035,000
1035 SE 14TH AVE Portland, OR 97214
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Listed by Constant Commercial Real Estate Inc • 503-222-0282
$1,035,000
Est. payment /mo
2,824 SqFt
UPDATED:
08/21/2024 02:42 PM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,824 sqft
Price per Sqft $366
MLS Listing ID 24185516
Year Built 1908
Annual Tax Amount $11,527
Tax Year 2023
Lot Size 2,613 Sqft
Property Description
Charming fully restored 6-unit building situated in Buckman neighborhood between popular Belmont and Hawthorne shops and restaurants. Walkers paradise: 96 & Bikers paradise: 97. 2018 studs out remodel included electrical wiring/panels, water lines, water heaters, doors, bathrooms, common area, washer/dryer/storage room and kitchens with new cabinets, quartz countertops and stainless appliances. New roof in 2020 and common area windows in 2021. Unit mix is comprised of three (3) 1 bed / 1 bath units, one (1) 2 bed / 1 bath unit and two studios upstairs sharing one bath. Prime close-in investment opportunity to acquire a turn-key well performing asset in a strong Portland submarket. Subject property currently achieves gross monthly rents of $7,780 per month $75 pet rent + 2024 utility reimbursements averaging ~$590 per month.
Location
State OR
County Multnomah
Area _143
Zoning R2.5
Rooms
Basement Finished
Interior
Heating Wall Heater
Cooling Wall Unit
Exterior
Roof Type Composition
Garage No
Building
Lot Description Level
Sewer Public Sewer
Water Public Water
Schools
Elementary Schools Buckman
Middle Schools Hosford
High Schools Cleveland
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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