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    11018 E Burnside St

    Portland, OR 97216
    • $795,000
    • STATUS: Active
    • ON SITE: 74 days
    • MLS #: 21531084
    $795,000
    • 8
      BEDS
    • N/A
      ACRES
    • 4
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1964
    County:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    4-plex on mass transit line - oversize lot with potential to add additional units. Excellent rental history - new roof added on late 2019. Each 822 sq. ft unit has 2 bedrooms, 1 bath - equipped with stove, fridge, hookups for Washer & Dryer, Disposal. Fenced with lockable gates. Financial documents for the last three years available upon request through your favorite Realtor.

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    Listing content is copyright © 2021 RMLS™, Portland, Oregon. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Next Home Realty Connection are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2021-07-23T23:40:02.5.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Next Home Realty Connection and should be independently verified.
    www.nexthomepdx.com/homes/116949605
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    11018 E Burnside St Portland, OR 97216

    • Price: $795,000
    • Status: Active
    • MLS #: 21531084
    8
    Beds
    4
    Baths
    0
    ½ Baths
    N/A
    Acres
    1964
    Built
    Neighborhood:
    Gateway
    County:
    Multnomah
    Area:
    143-Portland Southeast
    Elementary School:
    Ventura Park
    Middle School:
    Floyd Light
    High School:
    David Douglas
    Property Description
    4-plex on mass transit line - oversize lot with potential to add additional units. Excellent rental history - new roof added on late 2019. Each 822 sq. ft unit has 2 bedrooms, 1 bath - equipped with stove, fridge, hookups for Washer & Dryer, Disposal. Fenced with lockable gates. Financial documents for the last three years available upon request through your favorite Realtor.
    Exterior Features

    Exterior Description BrickWood Siding Lot Description LevelLight Rail Lot Size 5000 To 6999 Sqft Parking Features Assigned Roof Type Composition View YN No Water Description Public

    Interior Features

    Basement Crawl Space Foundation Details Concrete Perimeter Heating Description Baseboard Hot Water Description Electricity Unit Features DishwasherDisposalRefrigeratorWasher/Dryer Hookup Unit Type1 Features DishwasherDisposalRefrigeratorWasher/Dryer Hookup Unit Type1 Sq Ft 822 Unit Type2 Features DishwasherDisposalRefrigeratorWasher/Dryer Hookup Unit Type2 Sq Ft 822 Unit Type3 Features DishwasherDisposalRefrigeratorWasher/Dryer Hookup Unit Type3 Sq Ft 822 Unit Type4 Features DishwasherDisposalRefrigeratorWasher/Dryer Hookup Unit Type4 Sq Ft 822

    Property Features

    Bank Owned YN No Capitalization Rate 4.74 Country Us Fuel Description Electricity Gross Income Actual 55000 Gross Income Projected 56000 Gross Rent Multiplier 14.45 Net Income Actual 37663 Net Income Projected 38000 Occupancy Types Month To Month Operating Expenses Actual 17029 Operating Expenses Projected 17029 Property Condition Approximately Rent Includes Trash CollectionMaintenance Grounds Security Features Security Lights Sewer Description Public Sewer Short Sale YN No Tax Amount 6958.82 Third Party Approval YN No Unit Type1 Rent 1295 Unit Type1 Units Total 1 Unit Type2 Rent 1295 Unit Type2 Units Total 1 Unit Type3 Rent 1325 Unit Type3 Units Total 1 Unit Type4 Rent 950 Unit Type4 Units Total 1 Zoning R2

    Listing provided courtesy of First Class Properties.


    Listing content is copyright © 2021 RMLS™, Portland, Oregon. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Next Home Realty Connection are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2021-07-23T23:40:02.5.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Next Home Realty Connection and should be independently verified.
     
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