115 NE 10TH Dr

    Gresham, OR 97030
    • $2,100,000
    • STATUS: Active
    • ON SITE: 43 days
    • MLS #: 19068276
    UPDATED: 66 min ago
    $2,100,000
    • 2
      BEDS
    • N/A
      ACRES
    • 11
      BATHS
    • 0
      1/2 BATHS
    • 6,627
      SQFT
    • $317
      $/SQFT
    Type:
    Multi-Family
    Built:
    1900
    County:

    School Information

    High School:

    Description

    Great 1031 property with Huge upside. Property is Zoned Downtown Transit Midrise (DTM) fronts the Lightrail 1/2 block from the bus/rail transfer station. New development opportunity includes Mixed use, retail/office/residential up to 85' vertical. In the Opportunity zone City of Gresham Vertical incentives and more.Current property is being used as rooming house, 20 rentable rooms in main building & 3 unit 9 bedroom in second building.

    Monthly Payment Calculator

    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. Listing content is copyright © 2019 RMLS™, Portland, Oregon. Data last updated 2019-11-21T23:59:34.29.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/99767700

    115 NE 10TH Dr Gresham, OR 97030

    • Price: $2,100,000
    • Status: Active
    • Updated: 66 min ago
    • MLS #: 19068276
    2
    Beds
    11
    Baths
    0
    ½ Baths
    N/A
    Acres
    6,627
    SQFT
    $317
    $/SQFT
    1900
    Built
    Neighborhood:
    144-Gresham/Sandy/Troutdale/Corbett
    County:
    Multnomah
    Area:
    144-Gresham/Sandy/Troutdale/Corbett
    High School:
    Gresham
    Property Description
    Great 1031 property with Huge upside. Property is Zoned Downtown Transit Midrise (DTM) fronts the Lightrail 1/2 block from the bus/rail transfer station. New development opportunity includes Mixed use, retail/office/residential up to 85' vertical. In the Opportunity zone City of Gresham Vertical incentives and more.Current property is being used as rooming house, 20 rentable rooms in main building & 3 unit 9 bedroom in second building.
    Exterior Features

    Exterior Description Lap SidingWood Siding Garage Or Parking Spaces 10 Lot Description Level Lot Size 1 To 2.99 Acres Parking Description Open Roof Type Composition View YN No Water Description Public

    Interior Features

    Basement Foundation DaylightFinishedFull Basement Cooling Description None Heating Description Forced Air Hot Water Description Gas Unit Features FurnishedMicrowaveRefrigeratorWindow Coverings Unit Type1 Features FurnishedMicrowaveRefrigeratorWindow Coverings Unit Type1 Sq Ft 650 Unit Type2 Sq Ft 300

    Property Features

    Bank Owned YN No Capitalization Rate 1.23 Country Us Fuel Description Gas Gross Income Actual 38400 Gross Rent Multiplier 54.69 Net Income Actual 29400 Occupancy Types Month To Month Operating Expenses Actual 13356 Security Or Entry Entry Seller Disclosure Disclosure Sewer Description Public Sewer Short Sale YN No Storage Basement Tax Amount 4543.68 Third Party Approval YN No Unit Type1 Rent 750 Unit Type1 Units Total 11 Unit Type2 Rent 600 Unit Type2 Units Total 9 Utilities Included ElectricityTrash CollectionHeatSewerWater Year Built Description Approximately Zoning Dtm

    Listing provided courtesy of Keller Williams-Pdx Central.
    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. Listing content is copyright © 2019 RMLS™, Portland, Oregon. Data last updated 2019-11-21T23:59:34.29.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.
     
    Next Home Realty Connection
    ,