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    11805 SE Pine St

    Portland, OR 97216
    • $399,900
    • STATUS: Active
    • ON SITE: 27 days
    • MLS #: 21106204
    Price Reduced
    UPDATED: 14 min ago
    $399,900
    • 3
      BEDS
    • N/A
      ACRES
    • 3
      BATHS
    • 0
      1/2 BATHS
    • 1,650
      SQFT
    • $242
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2005
    County:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    This Duplex Townhome is in excellent turn key condition. New flooring in living area and kitchen. Unique opportunity to live in upper unit and rent lower unit. Rent for lower unit is $1,125. Washer, Dryer in each unit. Deck off upper unit and patio off lower unit. 2 car deeded carport in back. New awning will be installed for back upper deck before closing. 1 block from Ventura Park, conveniently located to Max, bus lines, shopping, restaurants. Projected cap rate with both units rented is 5.1

    Monthly Payment Calculator



    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 2021-09-24T14:40:12.223.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/120901903
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    11805 SE Pine St Portland, OR 97216

    • Price: $399,900
    • Status: Active
    • Updated: 14 min ago
    • MLS #: 21106204
    3
    Beds
    3
    Baths
    0
    ½ Baths
    N/A
    Acres
    1,650
    SQFT
    $242
    $/SQFT
    2005
    Built
    Neighborhood:
    143-Portland Southeast
    County:
    Multnomah
    Area:
    143-Portland Southeast
    Elementary School:
    Ventura Park
    Middle School:
    Floyd Light
    High School:
    David Douglas
    Property Description
    This Duplex Townhome is in excellent turn key condition. New flooring in living area and kitchen. Unique opportunity to live in upper unit and rent lower unit. Rent for lower unit is $1,125. Washer, Dryer in each unit. Deck off upper unit and patio off lower unit. 2 car deeded carport in back. New awning will be installed for back upper deck before closing. 1 block from Ventura Park, conveniently located to Max, bus lines, shopping, restaurants. Projected cap rate with both units rented is 5.1
    Exterior Features

    Exterior Description Vinyl Siding Lot Size 0K To 2999 Sqft Parking Features Carport Roof Type Composition View YN No Water Description Public

    Interior Features

    Basement Separate Living Quarters/Apartment/Aux Living Unit Foundation Details Concrete Perimeter Heating Description Wall Furnace Hot Water Description Electricity Unit Type1 Sq Ft 960 Unit Type2 Sq Ft 690

    Property Features

    Bank Owned YN No Capitalization Rate 1.50 Country Us Fuel Description Electricity Gross Income Actual 13500 Gross Income Projected 29400 Gross Rent Multiplier 29.62 Net Income Actual 6000 Net Income Projected 21900 Operating Expenses Actual 7500 Operating Expenses Projected 7500 Property Condition Approximately Rent Includes None Seller Disclosure Disclosure Sewer Description Public Sewer Short Sale YN No Tax Amount 4479.32 Third Party Approval YN No Unit Type1 Units Total 1 Unit Type2 Rent 1125 Unit Type2 Units Total 2 Zoning R1

    Listing provided courtesy of Oregon First.


    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 2021-09-24T14:40:12.223.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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